Dividend/BonusClosure of Buy Back
CMS Info Systems has completed its share buyback via tender offer, extinguishing 49,39,126 equity shares.
CMS Info Systems LimitedCMSINFO · Filed with the exchange
The buyback was executed at ₹340 per share for an aggregate consideration of ~₹167.93 Cr.
This action has reduced the company's total outstanding equity shares from ~16.46 crore to ~15.97 crore.
This reduces the number of shares in circulation, often seen as positive for Earnings Per Share (EPS) and shareholder value.
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