Bajaj Auto’s ₹5,633 Crore Buyback: Record Date Tomorrow, June 24, 2026

Bajaj Auto share price rose over 2.5% on June 22 as investors focused on the company's upcoming share buyback. The stock touched an intraday high of ₹26.60 and traded higher ahead of the June 24 record date. 

The record date will determine which shareholders are eligible to participate in the company's largest-ever buyback programme. 

Key Details of the Buyback 

In May 2026, Bajaj Auto's board approved a buyback of up to 46.94 lakh equity shares with a face value of ₹10 each. 

Key highlights include: 

• Buyback size: ₹5,633 crore
• Number of shares: Up to 46.94 lakh
• Buyback price: ₹12,000 per share
• Method: Tender offer route
• Record date: June 24, 2026  

The buyback represents around 1.68% of the company's total paid-up equity capital and offers a premium of more than 19% over the stock's previous closing price. 

Also Check: Large Cap Stocks

Why the Buyback Matters? 

A share buyback allows a company to repurchase its own shares from shareholders, usually at a premium to the market price. Such actions are often viewed as a sign of management's confidence in the business and can improve shareholder value over time. 

This buyback follows Bajaj Auto's ₹4,000 crore repurchase programme in 2024, which was conducted at ₹10,000 per share. 

Bajaj Auto Share Price Movement 

As of June 23, 2026, Bajaj Auto share price (NSE: BAJAJ-AUTO) was trading at ₹10,117 on the NSE, down 0.73% or ₹74 from the previous close. The stock opened at ₹10,249 and touched an intraday high of ₹10,259 before slipping to a low of ₹10,113. Bajaj Auto currently commands a market capitalisation of around ₹2.83 lakh crore and trades at a price-to-earnings (P/E) ratio of 26.37.  

Read more: Best Gold Stocks in June 2026 Based on 5‑Year CAGR: Sky Gold and Diamonds, Laxmi Goldorna House and More. 

Conclusion 

Bajaj Auto's ₹5,633 crore buyback offers shareholders an opportunity to tender shares at a premium price of ₹12,000 per share.  Existing shareholders may benefit the most, while new investors should carefully assess potential returns before participating solely for buyback gains. 

Investors interested in dividend-paying stocks can open a demat account to conveniently invest and trade in the stock market. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Looking to invest? Open a Demat Account with Angel One and start trading seamlessly.