Bajaj Auto Sets Record Date for ₹5,633 Crore Buyback; Key Details for Eligible Shareholders

Bajaj Auto (BAJAJ-AUTO.NS) has finalised a key date for its much-anticipated share buyback. The company’s Buyback Committee fixed Wednesday, June 24, 2026, as the official record date to determine shareholder eligibility, following ratification at the shareholders’ meeting on June 18, 2026. The buyback covers up to 46,94,000 fully paid-up equity shares of face value ₹10 each, priced at ₹12,000 per share, for a total consideration of up to ₹5,632.80 crore. This marks one of India’s largest two-wheeler sector buybacks in recent years, offering eligible shareholders a notable premium over current market levels. 

How the Buyback Timeline Unfolded

The journey to this record date began months earlier. Bajaj Auto’s board approved the buyback on May 6, 2026, alongside its Q4 FY26 earnings announcement and a recommended dividend.

Key buyback milestones:

• Board approval: May 6, 2026, alongside Q4 FY26 results.
• Shareholder ratification: June 18, 2026.
• Record date: June 24, 2026.
• Mode: Tender offer route through the stock exchange mechanism.

Shareholders must hold Bajaj Auto stock before this record date to qualify for participation.

Why ₹12,000 Per Share Matters

The buyback price carries genuine appeal for participating shareholders. The buyback price of ₹12,000 per share is more than 15% higher than the stock’s market price at announcement time, giving shareholders a real premium opportunity.

Stock performance context:

• Shares closed at ₹10,319 on the NSE following the May 7 earnings announcement.
• The stock hit a 52-week high of ₹10,477.50 on May 14, 2026.
• It touched a 52-week low of ₹7,612 on May 9, 2026.
• Market capitalisation stood at over ₹2.82 lakh crore as of June 18, 2026.

This premium pricing structure makes the buyback attractive for shareholders seeking partial profit booking.

Dividend Announcement Adds to Shareholder Returns

Bajaj Auto didn’t stop at just the buyback. The board also recommended a final dividend of ₹150 per equity share, at a rate of 1,500%, for FY26.

Dividend details to note:

• Dividend record date: Friday, May 29, 2026.
• Payment is expected around July 24, 2026, pending AGM approval.
• Q4 FY26 EBITDA rose 35.63% year-on-year to ₹3,323 crore from ₹2,450 crore.

Together, the buyback and dividend reflect Bajaj Auto’s strong FY26 earnings momentum.

Bajaj Auto’s Business Strength Behind the Move

This capital return comes from a position of operational strength. Bajaj Auto sold over 1.86 million units in FY2025, registering approximately 13.9% growth, with both motorcycles and commercial vehicles contributing. Roughly 33% to 40% of volumes come from exports, making it one of India’s largest auto exporters.

Peers like Hero MotoCorp, TVS Motor, and Eicher Motors also operate in India’s competitive two-wheeler space, though Bajaj Auto’s premium brand mix, including KTM and Triumph, sets it apart. Bajaj Auto shares have advanced 5.6% year-to-date in 2026, despite a 1% dip over the past month.

Conclusion

Bajaj Auto’s ₹5,633 crore buyback, combined with a hefty ₹150 dividend, signals strong confidence in its FY26 performance. With the June 24 record date now fixed and a 15% premium buyback price, eligible shareholders have a clear, time-bound opportunity ahead.

Disclaimer

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.