Zee Entertainment announces Rs 600 crore share buyback
India, Nov. 12 -- Zee Entertainment Enterprises Ltd on Thursday said its board has approved a share buyback of more than 6.5 crore shares for up to Rs 600 crore.
The shares will be acquired at Rs 91 per share, Zee Entertainment Enterprises Ltd (ZEEL) said in a regulatory filing. The buyback offer price of Rs 91 per share represents a premium of 23.8 per cent over the company's closing share price of Rs 73.50 on Thursday. ZEEL's stock touched a 52-week high of Rs 118.40 on June 23, 2026, and a 52-week low of Rs 60.63 on November 4, 2026, on an adjusted basis.
The board has "approved proposal for buyback of up to 6.59 crore fully paid-up equity shares of face value Rs 1 each of the Company of an amount not exceeding Rs 600 crore, being 7....
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