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.
虽然股息资格的股权登记日定为 5 月 29 日，但实际派息预计将在 2026 年 7 月 24 日前后进行。对于投资者而言，高溢价回购与丰厚股息的结合，彰显了 Bajaj Auto 强劲的现金状况以及致力于为股东创造财富的承诺。
核心要点
- 股权登记日与价格： 6 月 24 日是此次 563.2 亿卢比回购计划的股权登记日，股份将以每股 12,000 卢比的溢价价格进行回购。
- 创纪录的利润： 此次回购是在 2026 财年第四季度利润创纪录之后进行的，该季度利润同比增长 34%，达到 274.6 亿卢比。
- 双重回报： 股东将同时从高溢价要约回购和每股 150 卢比的股息中获益。