StocksMedium•12 November 2026•
1 min read
Zee Entertainment Board Approves ₹600 Crore Share Buyback
Key Facts
1Zee Entertainment's board approved a share buyback worth up to ₹600 crore at a price of ₹91 per share.
2The company set November 25, 2026, as the record date for the buyback offer.
3Zee shares closed 3.70% higher on Thursday following the announcement.
Zee Entertainment's board of directors approved a share buyback program worth up to ₹600 crore. Inshorts reported that the company set the buyback price at ₹91 per share via a tender offer route, representing 6.86% of its paid-up equity capital. The company designated November 25, 2026, as the record date for determining shareholder eligibility for the offer.
Zee shares closed 3.70% higher on Thursday, November 12, 2026, following the announcement. The corporate action involves the repurchase of up to 6.59 crore shares and is aimed at returning value to shareholders. Market activity showed a positive response to the news, which signals management's confidence in the company's financial standing.