Infosys Limited (NYSE:INFY) Shares Sold by Invesco Ltd.

According to a recent press release from Infosys Limited, Invesco Ltd., an investment management firm based in Atlanta, Georgia, has sold approximately 10.5 million shares of Infosys Limited (NYSEINFY) stock. The sale was made on behalf of its clients and accounts, and the proceeds will be used to fund other investments.

Infosys Limited is a global consulting and IT services company headquartered in Bangalore, India. It provides a range of services including consulting, technology, and outsourcing to clients across various industries such as banking, insurance, retail, and manufacturing. The company has a market capitalization of approximately $12 billion and operates in over 50 countries.

Invesco Ltd. is one of the largest investment management firms in the world, with assets under management (AUM) of over $1 trillion as of December 31, 2020. The company offers a range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and institutional investment solutions.

The sale of Infosys Limited shares by Invesco Ltd. is not expected to have a significant impact on the company's operations or financial performance. However, it may indicate changes in the investment strategies of Invesco Ltd.'s clients or accounts.