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  1. Cyient buyback: IT firm proposes ₹720 crore share buyback plan at ₹1,125 apiece

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Cyient buyback: IT firm proposes ₹720 crore share buyback plan at ₹1,125 apiece

Anubhav Mukherjee

1 min read | Updated on April 24, 2026, 09:32 IST

SUMMARY

Cyient’s board of directors approved a share buyback proposal worth ₹720 crore as the firm aims to repurchase 64 lakh equity shares for ₹1,125 apiece from the stock market investors.

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Cyient's board of directors announced the company's ₹720 crore share buyback plan on Thursday, April 23. Image: Shutterstock

Cyient's board of directors announced the company's ₹720 crore share buyback plan on Thursday, April 23. Image: Shutterstock

Cyient buyback: Mid-cap IT firm Cyient’s board of directors, in its quarterly meeting on Thursday, April 23, considered and approved a share buyback proposal worth ₹720 crore, offering stock market investors ₹1,125 apiece for the share repurchasing deal, according to an exchange filing.
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“The board of directors of the company at their meeting held on April 23, 2026, has considered and approved the proposal to buyback equity shares for an amount of ₹720,00,00,000 (Buyback Size) at a price of ₹1,125 per equity share (Buyback Price), payable in cash,” the company informed the stock exchange.

(This is a developing story, please stay tuned for more updates.)
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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