Banking software supplier Financial Objects has unveiled details of the tender offer that will see it return up to £6m of its near-£17m cash-pile to investors. The company is offering 50p per share, a 23% premium to their recent value, through adviser Hoare Govett. Investors have until 8 November to accept the offer, and are expected to receive their cash a week later. Chairman Roger Foster believes the move 'is the best way to return excess cash to our shareholders and demonstrates our confidence in the company's ability to generate cash'.