Announced Tue, 23 Jun · 14:57 IST
CyberTech completes buyback, extinguishes 8.5 lakh shares at Rs 170 each
Corporate Actions View source PDF
CYBERTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.5%1-day move
₹147.88
prior close
₹146.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3+0.3-0.3+5.5+1.4-0.3-0.3-0.3-1.9-3.2-2.6——
Up moveDown movePending
AI summary
CyberTech Systems and Software has completed its buyback, extinguishing 8,50,000 equity shares of Rs 10 face value at Rs 170 each through the tender offer route. Total payout is about Rs 14.45 crore. Post-buyback share capital stands at 3,02,80,593 shares, down from 3,11,30,593 shares, a 2.73% reduction. Promoter holding rose from 36.97% to 38.01% on a post-buyback basis.
Likely market impact
Reduces share count by 2.73%, modestly boosting promoter stake and EPS. Mild positive for remaining shareholders through reduced float.