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.
Хотя дата фиксации реестра для получения дивидендов была назначена на 29 мая, фактическая выплата ожидается ориентировочно 24 июля 2026 года. Для инвесторов сочетание обратного выкупа акций с высокой премией и внушительных дивидендов подчеркивает устойчивое финансовое положение Bajaj Auto и стремление компании к приумножению благосостояния акционеров.
Основные выводы
- Дата фиксации реестра и цена: 24 июня — дата фиксации реестра для обратного выкупа на сумму ₹5632 крор; акции будут выкуплены по премиальной цене ₹12 000 за штуку.
- Рекордная прибыль: Обратный выкуп следует за рекордным 4-м кварталом 2026 финансового года, когда прибыль выросла на 34% в годовом исчислении, составив ₹2746 крор.
- Двойная доходность: Акционеры получат выгоду как от тендерного обратного выкупа с высокой премией, так и от дивидендов в размере ₹150 на акцию.