Great Eastern Shipping Buyback vs K.P.R Mill Buyback

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Optimize the capital structure.
iii) Improve key return ratios like return on equity capital.