Bajaj Consumer Care Buyback vs Jenburkt Pharmaceuticals Buyback

The buyback is being undertaken for the following reason:

• To return surplus cash to its shareholders.

• Improve return on equity and thereby increase shareholder value.

The buyback is being undertaken for the following reason:

• The company is expected to achieve the objective of returning surplus funds to the shareholders, improving return on equity through distribution of surplus funds, improving earnings per share by reduction in equity base and increasing shareholders' value in the long term by improving key return ratios.

• The Buyback will lead to reduction in outstanding Equity Shares of the Company, improvement in 'earnings per share' and enhanced return on equity.