New Delhi, April 30 -- Bajaj Auto share price gained over 2% on Thursday after the company announced that its board will consider share buyback proposal. Bajaj Auto shares rose as much as 2.86% to Rs.9,815.25 apiece on the BSE.

The two- and three-wheeler major, Bajaj Auto said its board of directors is scheduled to meet on May 6, and will consider a proposal for share buyback.

"..the Board of Directors of the Company will consider a proposal for buyback of fully paid-up equity shares of the Company and other matters necessary and incidental thereto, at its meeting to be held on 06 May 2026." Bajaj Auto said in a regulatory filing on April 30.

Bajaj Auto had last conducted share buyback on 29 February 2024.

Earlier, the company had ann...