Bajaj Auto Ltd announces June 24, 2026 as the record date for its proposed share buyback, after the company’s board committee approval. The record date determines which shareholders are eligible to participate, based on whose names appear in the company’s records on that day. The buyback is planned at a price of ₹12,000 per fully paid-up equity share, paid in cash to eligible shareholders. The total buyback size is up to ₹5,632.80 crore (reported as about ₹5,633 crore in other coverage), excluding transaction-related expenses and statutory charges. The company plans to buy back up to 46.94 lakh equity shares. The proposal has been approved by the company’s board of directors and shareholders. Investors are expected to monitor the buyback timetable and entitlement details that the company will later release. One outlet also notes the buyback is Bajaj Auto’s second in two years, described as the largest in the last four years. Ahead of the record date, shareholders typically need to purchase shares before the cut-off to be included for eligibility.
Bajaj Auto sets June 24 record date for ₹5,633 crore share buyback
Bajaj Auto Ltd announces June 24, 2026 as the record date for its proposed share buyback, after the company’s board committee approval. The record date determines which shareholders are eligible to pa...
- Bajaj Auto sets June 24, 2026 as the record date for its proposed share buyback.
- The buyback price is ₹12,000 per fully paid-up equity share, paid in cash.
- The total buyback size is up to about ₹5,633 crore (₹5,632.80 crore cited).
- The company plans to buy back up to 46.94 lakh equity shares.
- Eligibility depends on shareholder names in company records on the record date; the buyback timetable and entitlement details are to be announced later.
Investors looking to participate in Bajaj Auto’s ₹5,633-crore buyback have until June 23 to buy shares ahead of the June 24 record date
13 hours agoMumbai: Bajaj Auto Ltd has announced June 24, 2026, as the record date for its proposed share buyback programme.The company informed stock exchanges that shareholders whose names appear in the records on the specified date will be eligible to participate in the buyback offer. The decision was approved by the Buyback Committee constituted by the company's Board of Directors.Buyback Size at Rs 5,632.80 croreBajaj Auto plans to buy back up to 46.94 lakh fully paid-up equity shares through the programme.The buyback price has been fixed at Rs 12,000 per equity share, which will be paid in cash to eligible shareholders. The total size of the buyback is up to Rs 5,632.80 crore, excluding transaction-related expenses and statutory charges.The proposal had earlier received approval from both the Board of Directors and shareholders of the company.Who Can Participate?The record date is important because it determines which shareholders will be eligible for the buyback.Investors holding Bajaj Auto shares as of June 24, 2026, will be entitled to participate in the offer, subject to the terms and conditions of the buyback. The company will later announce detailed entitlement information and the buyback timetable.Aim of the BuybackShare buybacks are generally undertaken by companies to return surplus cash to shareholders and improve capital efficiency.Such programmes can also help enhance shareholder value by reducing the number of shares outstanding in the market.For Bajaj Auto, the buyback represents one of the largest capital return exercises in recent years and reflects the company's strong financial position.Market Focus on Next StepsInvestors will now closely watch the buyback process and entitlement details ahead of the record date.With the buyback price fixed at Rs 12,000 per share and the total outlay exceeding Rs 5,632 crore, the announcement is expected to remain in focus among market participants in the coming weeks.Disclaimer: This article is based on company filings and regulatory disclosures. Investors should consult financial advisors before making investment decisions.
17 hours agoOn May 6, Bajaj Auto announced its second buyback in two years. The company will buy back shares worth Rs 5,633 crore, marking the biggest buyback in the last four years.
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