StockWatch
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2/3 Wheelers
Buyback18 Jun 2026, 03:08 pm

Bajaj Auto Fixes June 24, 2026, as Record Date for Buyback

AI Summary

Bajaj Auto Ltd has announced June 24, 2026, as the record date for its upcoming share buyback program. This decision by the Buyback Committee follows the Board of Directors' and shareholders' approval for repurchasing up to 46,94,000 equity shares at ₹12,000 per share. The total buyback value is capped at approximately ₹5,632.80 crore, excluding associated transaction costs. The record date is crucial for determining which shareholders are eligible to participate in the buyback offer.

Key Highlights

  • Record date for Bajaj Auto's share buyback set for June 24, 2026.
  • Buyback approved for up to 46,94,000 shares.
  • Repurchase price fixed at ₹12,000 per share.
  • Total buyback value up to ₹5,632.80 crore.
  • Eligibility for buyback determined by shareholders on record date.