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
L'action de Bajaj Auto a été une valeur performante pour les investisseurs à long terme. Bien que le titre ait connu une légère baisse de 1 % le mois dernier, il a progressé de 19 % au cours de l'année écoulée. Plus impressionnant encore, il a généré des rendements de 117 % sur une période de trois ans et de 142 % sur cinq ans.
En plus du rachat d'actions, la société a également récompensé ses actionnaires avec un dividende substantiel. Bajaj Auto a annoncé un dividende de 150 ₹ par action (1 500 %) pour l'exercice clos le 31 mars 2026. La date de référence pour l'éligibilité au dividende a été fixée au 29 mai, le paiement étant prévu aux alentours du 24 juillet 2026.
Points clés
- Date de référence et prix : Le 24 juin est la date de référence pour le rachat d'actions de 5 632 crores ₹, les actions étant rachetées à un prix premium de 12 000 ₹ par action.
- Bénéfices records : Ce rachat fait suite à un quatrième trimestre (T4) exceptionnel pour l'exercice 2026, au cours duquel la société a publié un bénéfice trimestriel record de 2 746 crores ₹ et une augmentation de 32 % de son chiffre d'affaires.
- Rendement pour les actionnaires : Parallèlement au rachat d'actions, les investisseurs recevront un dividende de 150 ₹ par action, payable vers le 24 juillet 2026.