Bajaj Auto Fixes June 24 Record Date for ₹5,632 Crore Share Buyback

Two-wheeler giant Bajaj Auto has officially set June 24 as the record date to determine shareholder eligibility for its massive ₹5,632 crore share buyback program. This move marks the company's largest-ever buyback, offering investors a significant premium over current market rates.

Details of the ₹5,632 Crore Buyback Plan

Bajaj Auto will conduct this buyback through the tender route, aiming to repurchase up to 46.94 lakh shares. Each share carries a face value of Rs 10, and the company has set the buyback price at Rs 12,000 per share. This price represents a substantial premium of approximately 19.5% compared to the stock's previous closing price.

This corporate action accounts for 1.68% of the company's total paid-up share capital. It follows a previous buyback of Rs 4,000 crore conducted earlier in 2024, where shares were repurchased at Rs 10,000 each, signaling management's continued confidence in the company's intrinsic value.

Robust Financial Performance and Shareholding Pattern

The decision to return capital to shareholders comes on the heels of a stellar Q4 FY26 performance. Bajaj Auto reported its highest-ever quarterly profit of Rs 2,746 crore, a massive 34% jump from the Rs 2,049 crore recorded in the same quarter last year. Revenue from operations also saw a 32% year-on-year rise, reaching Rs 16,006 crore.

As of March 31, 2026, the company's shareholding pattern featured:

  • Promoters and Promoter Group: 55% stake
  • Financial Institutions (Banks, MFs, Insurance): 14.5% stake
  • Foreign Investors: Nearly 10% stake
  • Public and Others: Approximately 21% stake

With a market capitalization exceeding Rs 2.82 lakh crore, the company's long-term stock performance has been impressive, delivering 117% returns over three years and 142% over five years.

Dividends and Investor Returns

In addition to the buyback, Bajaj Auto has rewarded its shareholders with a significant dividend announcement. The company declared a dividend of Rs 150 per share (representing 1,500% of the face value) for the financial year ended March 31, 2026.

While the record date for dividend eligibility was fixed for May 29, the actual payout is expected to be processed on or around July 24, 2026. For investors, this combination of a high-premium buyback and a robust dividend underlines Bajaj Auto's strong cash position and commitment to shareholder wealth creation.

Key Takeaways

  • Record Date & Price: June 24 is the record date for the ₹5,632 crore buyback, with shares being repurchased at a premium price of ₹12,000 each.
  • Record Profits: The buyback follows a record-breaking Q4 FY26, where profits surged 34% YoY to ₹2,746 crore.
  • Dual Returns: Shareholders are set to benefit from both the high-premium tender buyback and a ₹150 per share dividend.