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  1. Bajaj Auto share buyback: Firm sets July 1 as opening date for ₹5,633 crore issue; check all details

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Bajaj Auto share buyback: Firm sets July 1 as opening date for ₹5,633 crore issue; check all details

SUMMARY

Bajaj Auto announced its share buyback proposal worth ₹5,633 crore to repurchase shares for the eligible shareholders at an offer price of ₹12,000 per share

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On Monday, Bajaj Auto shares closed at ₹9,630 apiece on the National Stock Exchange, declining 2.16%.

Bajaj Auto sets July 1 as opening date for ₹5,632.8 crore share buyback to start from July 1, 2026, the company said on Monday, June 29.

The company is undertaking a buyback of up to 46.94 lakh fully paid-up equity shares of face value of ₹10 each at a price of ₹12,000 per share, payable in cash, for an aggregate amount of up to ₹5,632.8 crore, Bajaj Auto said in a regulatory filing.

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The proposal was first passed by the company's board on May 6, 2026, and subsequently by shareholders by way of a special resolution through postal ballot notice on May 14, 2026, the results of which were announced on June 18, 2026.

The opening date of the buyback will be July 1, 2026, and it will close on July 7, 2026, the filing said.

On the rationale of the buyback, Bajaj Auto said the growth of its business, robust cash generation and strong balance sheet position allow it “to reward its shareholders from time to time, as in the current instance, while retaining sufficient capital for growth and investment opportunities.”

“The buyback reinforces the company's commitment to its shareholders by returning surplus cash to them in an effective and efficient manner, and is expected to improve its earnings per share and return on equity,” it added.

Bajaj Auto buyback details

Bajaj Auto announced its share buyback proposal worth ₹5,633 crore to repurchase shares for the eligible shareholders at an offer price of ₹12,000 per share, according to the company’s exchange filing.

The automaker aims to repurchase 46,94,000 equity shares from the eligible shareholders, which represents almost 1.68% of the total paid-up share capital of Bajaj Auto.

The board earlier "approved the buyback of up to 46,94,000 fully paid-up equity shares of the company, having face value of ₹10 each, at a price of ₹12,000 per equity share, payable in cash, for an aggregate amount of up to ₹5,632,80,00,000," according to an exchange filing.

Based on the closing market price on Thursday, June 18, Bajaj Auto’s buyback offer marks a 19% premium on top of the closing price of ₹10,077 per share, according to NSE data.

Bajaj Auto Q4 results

Bajaj Auto had reported a standalone net profit of ₹2,746 crore in the fourth quarter of the current financial year (Q4 FY26), marking an increase of 34% driven by strong operating performance from ₹2,049 crore in the same period last year.

The Pune-based company's revenue from operations also surged 32% in the reporting quarter to ₹16,006 crore as compared to ₹12,148 crore on a year-on-year (YoY) basis.

The country's second-largest two-wheeler maker's earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 36% to ₹3,323 crore in Q4 FY26 as against ₹2,450 crore in the corresponding quarter for the previous fiscal year. Its margin expanded for the quarter under review to 21%, in contrast to 20.1% YoY.

Bajaj Auto share price

On Monday, Bajaj Auto shares closed at ₹9,630 apiece on the National Stock Exchange, declining 2.16%.

In a month, shares of the company have fallen nearly 8%, while for six months’ time, they have surged 6%. On a year-on-year basis, Bajaj Auto shares have gained 15%.

Shares of the firm had hit a 52-week high of ₹10,834 on May 27, 2026, and a 52-week low of ₹7,858.50 on August 7, 2025.

According to NSE data, as of June 29, 2026, Bajaj Auto has a total market capitalisation of ₹2.70 crore.

About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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