Bajaj Auto Ltd will commence its ₹5,632.8-crore share buyback programme on July 1, 2026, with the offer remaining open until July 7, according to a regulatory filing. Under the buyback, the company will repurchase up to 46.94 lakh fully paid-up equity shares of face value ₹10 each at a price of ₹12,000 per share, with payments to be made in cash.
The buyback proposal was approved by the company’s Board of Directors on May 6, 2026, and later received shareholder approval through a special resolution passed via postal ballot. The results of the voting process were announced on June 18, 2026.
Explaining the rationale behind the buyback, Bajaj Auto said its strong financial position, robust cash generation and healthy balance sheet have enabled the company to reward shareholders while continuing to retain adequate capital for future growth and investment opportunities.
The company added that the buyback reflects its continued commitment to enhancing shareholder value by returning surplus cash in an efficient manner. It also expects the move to improve key financial metrics, including earnings per share (EPS) and return on equity (ROE), further strengthening long-term value for investors.