Bajaj Auto Sets June 24 Record Date for ₹5,632 Crore Buyback
Two-wheeler giant Bajaj Auto has officially fixed 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 repurchase of shares, signaling strong confidence in its long-term financial health and cash reserves.
Details of the ₹5,632 Crore Buyback Program
In a recent exchange filing, Bajaj Auto confirmed that the buyback will be conducted via the tender route. The company aims to repurchase up to 46.94 lakh shares, which represents approximately 1.68% of its total paid-up share capital. Each share carries a face value of ₹10.
Investors looking to participate in this corporate action can expect a significant premium. Bajaj Auto has set the buyback price at ₹12,000 per share, which represents a premium of nearly 19.5% over the stock's previous closing price. This follows a previous buyback of ₹4,000 crore earlier in 2024, where the repurchase price was set at ₹10,000 per share, highlighting the company's consistent strategy of returning value to its shareholders.
Robust Financial Performance and Shareholding Pattern
The decision to initiate such a large-scale buyback is backed by exceptional quarterly earnings. For Q4 of FY26, Bajaj Auto reported its highest-ever quarterly profit of ₹2,746 crore, a massive 34% jump from the ₹2,049 crore recorded in the same period last year. Revenue from operations also saw a significant year-on-year rise of 32%, reaching ₹16,006 crore.
The company's EBITDA climbed 36% YoY to ₹3,323 crore, with EBITDA margins expanding by 60 basis points to 20.8%. This financial strength is reflected in its market capitalisation, which currently exceeds ₹2.82 lakh crore.
As of March 31, 2026, the company's shareholding pattern showed promoters holding a 55% stake. Financial institutions, including banks and mutual funds, held 14.5%, while foreign investors accounted for nearly 10%. The remaining 21% was held by the general public and other corporates. This distribution is expected to shift slightly following the successful completion of the buyback.
Stock Performance and Additional Dividend News
Las acciones de Bajaj Auto han tenido un sólido desempeño para los inversores a largo plazo. Si bien la acción experimentó una ligera caída del 1% el último mes, ha ganado un 19% durante el último año. De manera más impresionante, ha generado rendimientos del 117% en un periodo de tres años y del 142% en cinco años.
Además de la recompra de acciones, la empresa también ha recompensado a sus accionistas con un dividendo sustancial. Bajaj Auto anunció un dividendo de ₹150 por acción (1.500%) para el año fiscal que finalizó el 31 de marzo de 2026. La fecha de registro para la elegibilidad de los dividendos se fijó para el 29 de mayo, y se espera que el pago se realice alrededor del 24 de julio de 2026.
Conclusiones clave
- Fecha de registro y precio: El 24 de junio es la fecha de registro para la recompra de ₹5.632 crore, con las acciones recompradas a un precio premium de ₹12.000 por acción.
- Beneficios récord: La recompra se produce tras un excelente cuarto trimestre del año fiscal 2026 (Q4 FY26), en el que la empresa informó un beneficio trimestral récord de ₹2.746 crore y un aumento del 32% en los ingresos.
- Retorno para los accionistas: Junto con la recompra, los inversores recibirán un dividendo de ₹150 por acción, pagadero alrededor del 24 de julio de 2026.