---
author: "Cake"
published: 2026-04-28T04:57:51.078Z
updated: 2026-09-07T00:32:29.459Z
---

# Process a Share Buy-back or Repurchase

Record a share buy-back or repurchase when your company acquires shares back from a shareholder.

Record a share buy-back or repurchase when your company acquires shares from a shareholder, for example, when a founder or employee leaves and unvested shares are returned.

## Process the buy-back

1. Go to **Cap Table** and select the **Outstanding shares** tab.

2. Click **Actions** in the top right corner.

3. Select **Buy back** or **Repurchase** from the dropdown. (The term varies by region, both lead to the same form.)

4. Complete the transaction details:

   * **Shareholder:** Search for and select the relevant shareholder

   * **Share type:** The class of shares being repurchased

   * **Date:** The buy-back transaction date

   * **Number of shares:** How many shares the company is repurchasing

   * **Amount paid:** The total amount paid for the shares (enter 0 if no consideration)

5. Click **Buy back** (or **Repurchase**) to save.

If the stakeholder is part of an Incentive Plan, e.g. they hold RSAs, you should off-board them under **Incentive Plans **to handle the repurchase of any unvested shares.

## What happens next

The repurchased shares are removed from the shareholder's holdings immediately. The total number of shares outstanding is reduced, and the transaction is recorded in **Cap Table → Transaction logs**. You can generate updated share certificates if needed.

## Related articles

* [Transfer Shares Between Parties](https://help.cakeequity.com/article/transfer-shares-between-parties "https://help.cakeequity.com/article/transfer-shares-between-parties")

* [Edit or Delete Transactions](https://help.cakeequity.com/article/edit-or-delete-transactions "https://help.cakeequity.com/article/edit-or-delete-transactions")

* [Cap Table Modeling](https://help.cakeequity.com/article/cap-table-modeling "https://help.cakeequity.com/article/cap-table-modeling")