Cyient extinguishes 64 lakh shares bought back at Rs 1,125 each

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CYIENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹857.25

prior close

₹863.50

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.6%-0.2% vs market

IT Enabled Services peers, median of 75sector-0.9%+0.1% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Smallcap 250 and 0.1 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-1.1

15m

-1.2

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.6-0.2-0.9+0.1

Next day

-1.1-0.5-0.7-1.3+0.2

-1.3-0.0-1.3-1.5+0.2

-1.9-1.4-0.5-2.2+0.3

-2.9-2.5-0.4-2.9-0.0

-2.5-2.8+0.3-3.0+0.5

-2.1-2.0-0.0-2.0-0.0

15d

+0.1+1.4-1.3-0.5+0.5

+1.3+1.1+0.1-2.8+4.0

+24.7-0.6+25.2-6.1+30.7

+36.4-3.7+40.1-7.5+43.9

UpDownMarket · Nifty Smallcap 250Sector · IT Enabled Services peers, median of 75Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Cyient has completed extinguishment of 64,00,000 equity shares bought back at Rs 1,125 per share for Rs 720 Cr total via tender offer. Total shares reduced from 11.11 Cr to 10.47 Cr. Promoter holding rose from 23.28% to 24.70%. Indian FIs and mutual funds now hold 75.30% of the company up from 38.86% earlier.

Likely market impact

Share count drops about 5.8%, usually positive for EPS. Rs 720 Cr returned to shareholders via buyback.