Zee Entertainment Enterprises (ZEE) today 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% 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% at Rs 127.50 apiece on the BSE.
