Two-wheeler major Bajaj Auto on Thursday fixed June 24 as the record date to determine shareholder eligibility for its biggest-ever share buyback worth Rs 5,632 crore. The company plans to repurchase shares at Rs 12,000 apiece, a premium of nearly 19.5% to the stock's previous closing price.
In an exchange filing, Bajaj Auto said that its buyback committee decided on the record date for the purpose of determining the entitlement and eligibility of shareholders who can tender shares in the buyback.
In May, the company announced that its board had approved a plan to buyback up to 46.94 lakh shares, each with a face value of Rs 10, representing 1.68% of the total paid-up share capital, for an aggregate amount not exceeding Rs 5,633 crore. The buyback will be conducted via the tender route
This comes after a Rs 4,000 crore buyback of shares in 2024 for Rs 10,000 per share. Buyback of shares refers to a corporate action where a company repurchases its own shares from existing shareholders, mostly at a premium to the market price.
Bajaj Auto pre-buyback shareholding pattern
Promoters and promoter group held 55% stake in the company as on March 31, 2026. Banks, mutual funds, insurance companies, and other Indian financial institutions held a 14.5% stake, while foreign investors owned nearly 10% stake. The remaining stake of around 21% was held by the general public, corporates and others. This is the shareholding pattern of the company before the buyback, which is likely to see some changes following the corporate action.
Bajaj Auto share price
Bajaj Auto shares were trading nearly 0.5% higher at Rs 10,089 apiece on NSE on Thursday afternoon. The stock has fallen around 1% in one month, but gained nearly 6% in 2026 so far and 19% in one year.
In the longer term, Bajaj Auto shares have delivered 117% returns over three years and 142% returns over five years. The company’s market capitalisation currently stands at more than Rs 2.82 lakh crore.
Bajaj Auto Q4 snapshot
Bajaj Auto reported its highest-ever quarterly profit of Rs 2,746 crore for Q4 of FY26, marking a 34% jump from the Rs 2,049 crore profit reported in the same period last year. Revenue from operations rose 32% year-on-year (YoY) to Rs 16,006 crore in the March quarter, from Rs 12,145 crore in the corresponding quarter of the previous financial year. EBITDA jumped 36% YoY to Rs 3,323 crore, while EBITDA margin expanded 60 basis points to 20.8%.
Along with the Q4 earnings and share buyback, Bajaj Auto also announced a dividend of Rs 150 per share (1,500%) on equity shares with a face value of Rs 10 each for the financial year ended March 31, 2026. The record date for determining shareholder eligibility was fixed on May 29, while the dividend will be paid on or around July 24, 2026.
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