Report stated that three former senior employees believe company must do so because there is a "dramatic valuation disconnect"
Three former senior employees of Infosys -former chief financial officers T V Mohandas Pai and V Balakrishnan and former senior vice-president D N Prahlad - have written to the company's board to "immediately" consider a buyback of shares, according to reports.
Report stated that three former senior employees believe company must do so because there is a "dramatic valuation disconnect" between the shares of Infosys and its peers.
Earlier, Timothy D Cook, who succeeded Steve Jobs as the CEO of Apple, had to go for a massive share buyback programme - of around $14 billion - soon after taking over, following pressure from shareholders.
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