The buyback offer from PBM Polytex to its shareholders will open on Thursday and close on April 26. The company plans to buy back up to 13.75 lakh shares, representing 16.91 per cent of the total paid-up equity capital of the company, at a price of ₹80 a share. As the offer will be made through the tender route, shareholders whose names had appeared on the company’s record books as on March 8 can only participate in the buyback. Analysts will see the response to the buyback.