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# How to record a share buyback

_Estimated Reading Time: 1 minute_

||| InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buybacks. All of these can be found in the **Share Classes** tab, under **Actions**, and by clicking on **Share Reorganisations**.

Log in to your InfoDocs account [here](https://secure.infodocs.co.za/#/public/login). If you don’t already have an account, [register](https://secure.infodocs.co.za/#/public/register/personaldetails) for a free trial.

${youtube}[How to record a share buyback](unbYukQa78s)

**Step 1**: In the **Share Reorganisation** pop-up box, select [Purchase Own Shares / Share Buyback](https://support.infodocs.co.za/en/article/share-buyback-q2fmf3/) and click **Next**.

![](https://storage.crisp.chat/users/helpdesk/website/d5b93bf079ae8000/screenshot-2023-04-13-at-14354_xq07ry.png)

![](https://storage.crisp.chat/users/helpdesk/website/d5b93bf079ae8000/screenshot-2023-04-13-at-14355_bh6f6e.png)

**Step 2**: In the next box, fill in the details pertaining to the transaction: The Share Class, the date of the [buyback](https://support.infodocs.co.za/en/article/share-buyback-q2fmf3/), the shareholder the company is buying from, the number of shares (usually all of them as the certificate will be cancelled), and the amount paid per share. Then click **Save**.

![](https://storage.crisp.chat/users/helpdesk/website/d5b93bf079ae8000/screenshot-2023-04-13-at-14375_1cq59kz.png)

**Step 3**: InfoDocs will create an Ordinary Resolution for you outlining the details of the [buyback](https://support.infodocs.co.za/en/article/share-buyback-q2fmf3/).

The [share buyback](https://support.infodocs.co.za/en/article/share-buyback-q2fmf3/) will now be visible under **View Share Transactions** in the **Share Classes** tab, and will also appear in the [Share Register](https://support.infodocs.co.za/shareholders/how-to-access-a-company-register/) as “Purchase of own shares”.




