Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. Promoters will not participate.
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. Promoters will not participate.
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