Share buybacks boost earnings per share and make companies look leaner, but high taxes often reduce gains for Indian retail investors. Experts advise evaluating post-tax returns carefully, as selling shares in the market may offer better after-tax outcomes.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
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