Infosys bonus share history
As per the information available on BSE website, Infosys has given bonus shares thrice in last 20 years. It traded ex-bonus on 2nd December 2014 for issuance of bonus shares in 1:1 ratio. Likewise, Infosys stocks traded ex-bonus on 15th June 2015 for 1:1 bonus share issue. Similarly, on 4th September 2018, Infosys shares traded ex-bonus for issuance of one bonus share for each Infosys share held by an eligible shareholder of the IT company. This was the last time when Infosys traded ex-bonus shares.
Impact of bonus shares
Around 20 years ago, a bottom finisher who believed in discounted buying, he or she had an opportunity to buy Infosys shares at around ₹45 apiece levels. If an investor had invested ₹1 lakh in Infosys stocks at that time, the investor would have got 2,222 Infosys shares. After that, Infosys declared 1:1 bonus shares thrice in 2014, 2015 and 2018. this means, Infosys shareholders holding would have surged to 8 times (2 x 2 x 2) after every 1:1 bonus shares. So, an investor who had invested ₹1 lakh in Infosys stocks twenty years ago, its total shareholding would have surged to 17,776 (2,222 x 8).
₹1 lakh turns to 2.75 crore
On 25th January 2023, Infosys share price ended at ₹1,542 apiece on NSE. This means, an investor who invested ₹1 lakh in Infosys shares twenty years ago, the absolute value of this ₹1 lakh would have turned to ₹2,74,10,592. If we add interim dividends and final dividend announced during these 20 years, then in that case absolute value of ₹1 lakh would come around ₹2.75 crore.
