Archidply Industries Buyback vs Jullundur Motor Agency Buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

The Buyback is undertaken by the Company to:
i) Return surplus cash to its equity shareholders that are
over and above its ordinary capital requirements and in excess of any current investment plans.
ii) Improve financial ratios like earnings per share (EPS) and return on equity (ROE) by reducing the equity base of the Company