Bajaj Auto Announces June 24 as Record Date for Massive ₹5,632 Crore Share Buyback—Key Details Inside!
Bajaj Auto has announced a significant share buyback program, which constitutes the largest in its history, with a total value of Rs 5,632 crore. The record date for determining shareholder eligibility for the buyback has been set for June 24. The repurchase price of Rs 12,000 per share represents a notable premium of approximately 19.5% over the stock’s most recent closing price. This buyback plan, involving up to 46.94 lakh shares—representing 1.68% of the total paid-up capital—demonstrates the company’s robust financial strategy aimed at enhancing shareholder value.
As of March 31, 2026, the shareholding structure reveals that promoters hold a majority 55% stake, while institutional investors—including banks, mutual funds, and insurance companies—own 14.5%. Foreign investors have a nearly 10% stake, with the general public and other corporates holding around 21%. The upcoming buyback is poised to alter this landscape to some extent, potentially affecting the balance between promoters and institutional holdings. Currently, Bajaj Auto’s share price is trending at approximately Rs 10,089, showing a slight rise of 0.5% on Thursday, although it has experienced a 1% decline over the past month.
Financially, Bajaj Auto has shown resilience and growth, with a remarkable Q4 FY26 performance reporting a record profit of Rs 2,746 crore, reflecting a robust 34% year-on-year increase. Revenue surged by 32% to reach Rs 16,006 crore, while EBITDA rose by 36%, leading to an expansion in EBITDA margin by 60 basis points to 20.8%. In addition to the buyback, the company announced a dividend of Rs 150 per share, indicating strong cash flow management and a commitment to returning value to shareholders.
From a long-term perspective, Bajaj Auto has delivered impressive returns of 117% over three years and 142% over five years, currently maintaining a market capitalization exceeding Rs 2.82 lakh crore. These financials posit Bajaj Auto not only as a strong performer within the automotive sector but also as a compelling investment opportunity amid its strategic share buyback and dividend declarations, underpinning its potential to continue driving shareholder value.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova team.)