ZEE announces closure of share buyback programme
Zee Entertainment said it has bought back over 1.93 cr equity shares for Rs 231.93 crore as part of its buyback programme that commenced last year.
By PTI | Updated:
NEW DELHI: Zee Entertainment Enterprises (ZEE) on Friday said it has bought back over 1.93 crore equity shares for Rs 231.93 crore as part of its buyback programme that commenced last year.
"Under the buyback, the company has bought back 19,372,853 equity shares at an aggregate amount of Rs 231.93 crore, equivalent to 33.13 per cent of the maximum buyback size of Rs 700 crore," Zee said in a filing to the BSE.
The buyback, which commenced on July 27, 2011, stand closed at the close of market hours today, it added.
ZEE's shares closed up by 1.15 per cent at Rs 127.50 apiece on the BSE.
"Under the buyback, the company has bought back 19,372,853 equity shares at an aggregate amount of Rs 231.93 crore, equivalent to 33.13 per cent of the maximum buyback size of Rs 700 crore," Zee said in a filing to the BSE.
The buyback, which commenced on July 27, 2011, stand closed at the close of market hours today, it added.
ZEE's shares closed up by 1.15 per cent at Rs 127.50 apiece on the BSE.
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