Welspun Living and CMS Info Systems shares are trading ex-record date for their respective share buybacks cumulatively worth ₹420 crore. According to reports from The Economic Times, investors are now awaiting crucial details including entitlement ratios, offer windows, and specific terms of the buyback offers. The shares will trade ex-record date today, with only existing shareholders as of this date eligible to participate in the buyback process.
Welspun Living plans to repurchase shares at ₹175 per share, while CMS Info Systems will buy back at ₹340 per share. As reported by The Economic Times, share buyback refers to a corporate action where companies repurchase their own shares from existing shareholders at premium to market price. Market regulator SEBI has mandated that 15% of a buyback's total offer size must be reserved for small shareholders, with companies determining entitlement ratios based on shareholding patterns on the record date. CMS Info Systems has announced a share buyback of up to 49.39 lakh fully paid-up equity shares (representing 3% of its total paid-up equity capital) through the tender offer route, while Welspun Living has approved a buyback of up to 1.44 crore equity shares (representing 1.50% of total paid-up equity share capital).
According to The Economic Times, promoters and promoter group have expressed their intention to participate in the share buyback, with the rationale being to return surplus cash to shareholders and improve return on equity. The company previously undertook a ₹278 crore share buyback via tender route in August 2024 at ₹220 per share. The stock has gained more than 8% in one week and 10% in one month, though it declined 3% in one year. Welspun Living is a global leader in home textiles, dominating categories like terry towels and furnishings.
As reported by The Economic Times, CMS Info Systems shares have declined around 3% in one month and 14% in 2026 so far, with the stock tumbling 36% in the past one year. The company maintains a market capitalisation of nearly ₹5,000 crore. CMS Info Systems is India's largest cash management and business services company, specializing in logistics and technology automation for the banking and retail sectors. Investors planning fresh holdings today will have shares credited to their demat accounts on Monday per SEBI's T+1 settlement rule, making them ineligible for the buyback. The company's buyback represents a significant capital optimization move as it targets 3% of its total paid-up equity capital through the tender offer route.
