Bajaj Auto share price traded higher on Monday as investors tracked the upcoming June 24, 2026, record date for the company's share buyback plan. The buyback, valued at up to ₹5,633 crore, is the largest in the company's history and will be conducted through the tender route.
In May 2026, Bajaj Auto's board approved a proposal to repurchase up to 46.94 lakh equity shares with a face value of ₹10 each.
The buyback represents 1.68% of the company's total paid-up equity share capital and will be undertaken through the tender route. The company has fixed June 24, 2026, as the record date for determining shareholder eligibility.
Bajaj Auto plans to buy back shares at ₹12,000 per share, which represents a premium of more than 19% over the stock's previous closing price at the time of the announcement.
The proposed buyback follows Bajaj Auto's ₹4,000 crore share repurchase programme conducted in 2024. Under that buyback, the company repurchased shares at ₹10,000 per share through the tender route.
A share buyback is a corporate action through which a company purchases its own shares from existing shareholders, typically at a premium to the prevailing market price. The current buyback, valued at up to ₹5,633 crore, is larger than the company's previous repurchase programme and will be undertaken at a buyback price of ₹12,000 per share.
Bajaj Auto reported total vehicle sales, including exports, of 4,61,257 units in May 2026, up 20% from 3,84,621 units sold in May 2025.
Domestic sales stood at 2,48,031 units, registering a 10% year-on-year increase. Exports rose 34% year-on-year to 2,13,226 units from 1,58,888 units in the corresponding month last year.
The company reported total two-wheeler sales of 3,93,204 units in May 2026, up 18% from 3,32,370 units a year ago. Domestic two-wheeler sales increased 9% to 2,09,528 units, while two-wheeler exports rose 30% to 1,83,676 units.
Commercial vehicle sales grew 30% year-on-year to 68,053 units during the month.
Bajaj Auto share price was trading at ₹10,172.00, up 1.05%, as of 1:54 PM on June 22, 2026. The stock opened at ₹10,116.00 and touched an intraday high of ₹10,268.00 and a low of ₹10,088.00 during the session. The company's market capitalisation stood at ₹2,84,249.30 crore.
Over the past 1 week, Bajaj Auto share price has delivered a return of 2.32%. On a year-to-date basis, the stock has gained 6.44%, while the Nifty 50 has declined 7.75%.
Bajaj Auto share price traded higher ahead of the June 24 record date for its ₹5,633 crore share buyback programme. The proposed buyback follows the company's ₹4,000 crore share repurchase programme in 2024 and marks the largest buyback announced by Bajaj Auto to date.
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Published on: Jun 22, 2026, 2:31 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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