TL;DR
Bajaj Auto has launched a ₹5,632.8 crore share buyback program, open from July 1 to July 7, to repurchase 46.94 lakh shares at ₹12,000 each.
Bajaj Auto, a prominent Indian two and three-wheeler manufacturer, initiated its substantial share buyback program on July 1, 2026. The company aims to repurchase equity shares worth up to ₹5,632.8 crore, with the offer set to conclude on July 7, 2026. This strategic financial move involves buying back up to 46.94 lakh fully paid-up equity shares at a price of ₹12,000 per share.
The buyback program is being conducted through the tender offer route and was approved by the company's board and shareholders earlier. Bajaj Auto stated that the initiative is intended to reward its shareholders by returning surplus cash effectively and efficiently. The company also expects the buyback to positively impact its earnings per share (EPS) and return on equity (ROE), while retaining sufficient capital for future growth and investment opportunities.
