$BAJAJ-AUTO Buyback: Record Rs 5633 crore buyback opens on July 1 - What investors need to know

Bajaj Auto Buyback: Bajaj Auto Ltd has announced its largest-ever buyback, offering to repurchase up to 4,69,4000 shares at a price of Rs 12,000 per share, aggregating approximately Rs 5,632.80 crore. The buyback, approved by the board and shareholders, underscores the company’s strong cash position and commitment to enhancing shareholder value. Bajaj Auto Buyback The tender offer route buyback carries a significant 23 per cent premium to the record date closing price of Rs 9,750 per share. This marks a notable return of capital to shareholders, especially when compared to the company’s previous buybacks in 2024 (Rs 4,000 crore at Rs 10,000 per share, a 43 per cent premium) and 2022 (Rs 2,500 crore via open market).