Bajaj Auto Buyback, May 6 -- Auto major Bajaj Auto announced a share buyback of Rs.5,633 crore, its second in three years, along with the financial results for the January-March quarter of financial year 2025-26 (FY26) on Wednesday, 6 May.
Bajaj Auto said that it will buy back up to 4,694,000 fully paid-up equity shares of the company having a face value of Rs.10 each, representing up to 1.68% of the total number of Equity Shares in the paid-up equity share capital.
Bajaj Auto has fixed the buyback price at Rs.12,000 apiece, suggesting a premium of 16% over the last closing price of Rs.10,314.60.
The buyback will be undertaken via the tender offer route. The company is yet to announce the record date for the said action.
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