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.
배당 권리 확정을 위한 기준일은 5월 29일로 정해졌으나, 실제 지급은 2026년 7월 24일경에 처리될 예정입니다. 투자자들에게 이번 고가 프리미엄 자사주 매입과 강력한 배당의 결합은 Bajaj Auto의 탄탄한 현금 보유 상태와 주주 가치 제고를 위한 의지를 잘 보여줍니다.
핵심 요약
- 기준일 및 가격: 5,632억 루피 규모의 자사주 매입 기준일은 6월 24일이며, 주당 12,000루피의 프리미엄 가격으로 매입됩니다.
- 사상 최대 이익: 이번 자사주 매입은 전년 동기 대비 34% 급증한 2,746억 루피의 이익을 기록하며 사상 최대 실적을 달성한 2026 회계연도 4분기(Q4 FY26) 이후에 이루어집니다.
- 이중 수익: 주주들은 고가 프리미엄 공개 매수와 주당 150루피의 배당금을 통해 동시에 혜택을 누릴 예정입니다.