Bajaj Auto is carrying out what multiple reports describe as its largest share buyback to date, worth about ₹5,632.8 crore (₹5,633 crore). The company fixes a record date of June 24, 2026, which determines which shareholders are eligible to participate in the buyback. Eligible shareholders are those whose names appear in the company’s records on that date, subject to the buyback terms and applicable conditions. The buyback is priced at ₹12,000 per fully paid-up equity share and is conducted in cash through the tender offer route, using the stock-exchange mechanism under SEBI’s Buyback Regulations, 2018, on a proportionate basis. Bajaj Auto plans to buy back up to 46.94 lakh shares, representing about 1.68% of total paid-up equity share capital. Several outlets note the programme is being treated as a major capital-return exercise and that the tender premium may affect trading around the record date. Analysts cited in one report suggest existing shareholders may benefit, while new investors should focus on business fundamentals rather than the buyback alone.