Jagran Prakashan Buyback vs Savita Oil Buyback

The Buy-back is being undertaken by the Company to:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders' value;
iii) To return surplus cash to its shareholders; and
iv) To improve return on equity, by reduction in the equity base;

The Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.