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.

Walaupun tarikh rekod untuk kelayakan dividen telah ditetapkan pada 29 Mei, pembayaran sebenar dijangka akan diproses pada atau sekitar 24 Julai 2026. Bagi pelabur, gabungan pembelian balik premium tinggi dan dividen yang teguh ini menekankan kedudukan tunai Bajaj Auto yang kukuh serta komitmennya terhadap penciptaan kekayaan pemegang saham.

Ringkasan Utama

  • Tarikh Rekod & Harga: 24 Jun adalah tarikh rekod untuk pembelian balik bernilai ₹5,632 crore, dengan saham dibeli semula pada harga premium sebanyak ₹12,000 setiap satu.
  • Keuntungan Rekod: Pembelian balik ini menyusul selepas pencapaian rekod pada S4 FY26, di mana keuntungan melonjak 34% YoY kepada ₹2,746 crore.
  • Pulangan Berganda: Pemegang saham bakal mendapat manfaat daripada kedua-dua pembelian balik tender premium tinggi dan dividen sebanyak ₹150 sesaham.