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 largest-ever share buyback. This massive capital allocation move signals strong confidence in the company's cash reserves and future growth trajectory.
Details of the ₹5,632 Crore Buyback Program
In a recent exchange filing, Bajaj Auto confirmed that the buyback will be conducted through the tender route. The company intends to repurchase up to 46.94 lakh shares, which represents approximately 1.68% of its total paid-up share capital.
The repurchase price has been set at ₹12,000 per share, offering investors a significant premium of nearly 19.5% over the stock's previous closing price. This initiative follows a previous ₹4,000 crore buyback conducted in 2024 at ₹10,000 per share, highlighting the management's consistent strategy of returning value to shareholders through corporate actions.
Robust Financial Performance and Shareholding Context
The decision to initiate such a large-scale buyback is backed by exceptional quarterly performance. In Q4 FY26, Bajaj Auto reported its highest-ever quarterly profit of ₹2,746 crore, marking a substantial 34% jump compared to the ₹2,049 crore recorded in the same period last year. Revenue from operations also saw a 32% year-on-year rise, reaching ₹16,006 crore.
As of March 31, 2026, the company's shareholding pattern shows promoters holding a 55% stake, while institutional investors (banks, mutual funds, and insurance companies) hold 14.5%. Foreign investors account for nearly 10%, with the remaining 21% held by the general public and other corporates. The buyback is expected to subtly shift these proportions as shares are retired from the market.
Investor Returns: Buybacks and Dividends
Beyond the buyback, Bajaj Auto is rewarding its investors through significant dividend payouts. The company has announced a dividend of ₹150 per share (representing 1,500% of the face value) for the financial year ended March 31, 2026. While the record date for dividend eligibility was set for May 29, the actual payment is expected to be processed on or around July 24, 2026.
Uzun vadeli yatırımcılar için Bajaj Auto, bir servet yaratıcısı olduğunu kanıtladı. Hisse senedi, üç yılda %117 ve beş yıllık bir dönemde %142 gibi etkileyici getiriler sağladı. Şirket şu anda 2,82 lakh crore ₹ değerini aşan devasa bir piyasa değerine sahip.
Önemli Çıkarımlar
- Kayıt Tarihi ve Fiyatlandırma: 5.632 crore ₹ tutarındaki geri alım için resmi kayıt tarihi 24 Haziran olup, hisseler adet başına 12.000 ₹ fiyatla geri alınmaktadır.
- Rekor Kârlar: Geri alım, şirketin yıllık bazda %34 artışla 2.746 crore ₹ tutarında rekor bir kâr elde ettiği mükemmel bir FY26 4. çeyreğinin ardından gerçekleşiyor.
- Çifte Getiri: Hissedarlar hem primli geri alım teklifinden hem de hisse başına 150 ₹ tutarındaki önemli temettüden yararlanıyor.