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

“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.

The IT company, Cyient, aims to re-purchase 64,00,000 or 64 lakh equity shares with the face value of ₹5 per share from the stock market investors, marking a 5.76% of the total number of existing paid-up share capital of the company.

According to the NSE filing, the proposed buyback will be for all the shareholders except the promoter or promoter group of the company, as on the ‘record date’ fixed post the necessary approvals.

Cyient will also announce further details and other documents charting out the process, timelines and other statutory details of the ₹720 crore buyback offer, in due time to the market investors.

Cyient share price

Cyient shares were trading 5.9% lower at ₹880 during Friday’s stock market session, compared to ₹935.90 at the previous market close, according to NSE data. The company announced its buyback update and Q4 results after the market operating hours on April 23.

Shares of Cyient have delivered more than 28% returns on their investment in five years, but the stock has lost 24% in three years, and over 29% in the past one year period, according to the exchange data.

On a year-to-date basis, Cyient shares have lost 20% in 2026, but the stock has risen 10% in the past one month period. The mid-cap IT stock was trading 8.4% lower over the last five market sessions on NSE.

Cyient shares hit their 52-week high of ₹1,376 on May 26, 2025, while the 52-week low was at ₹750.30 on March 30, 2026, according to the exchange data. The company’s market capitalisation (M-Cap) was at ₹9,747 as of Friday’s trading hours.