Today marks the final opportunity for eligible Bajaj Auto shareholders to participate in the company's ₹5,633 crore share buyback at ₹12,000 per share. According to reports from LiveMint, the buyback includes 46.94 lakh shares and targets 1.68% of capital. The record date for determining eligible shareholders was June 24, 2026, with the buyback launching on July 1, 2026. Eligible shareholders can tender shares through stockbrokers until July 10, 2026.
Under the buyback structure, shareholders in the reserved category for small shareholders are entitled to tender 17 equity shares for every 61 equity shares held as of the record date. For shareholders in the general category, the entitlement is 17 equity shares for every 525 equity shares held on June 24. As reported by LiveMint, the company's promoters and promoter group have indicated they will not participate in the buyback. The buyback schedule shows the registrar will complete verification of tendered shares by July 10, 2026, with final acceptance or rejection communicated by July 13, 2026.
According to LiveMint, the Bajaj Auto stock has gained 1.5% to reach its day's high of ₹10,188.80 on BSE. The stock has hit its 52-week high of ₹10,834.95 in May 2026 and its 52-week low of ₹7,879.45 in August 2025. The auto stock has lost 2% in the last month but has risen 12% in 3 months, 3.5% in 6 months, and 20% in 1 year. Following the buyback completion, the company will return unaccepted shares by July 14, 2026.
As reported by LiveMint, Bajaj Auto stated that its healthy business growth, strong cash generation and robust balance sheet provide flexibility to reward shareholders while retaining adequate capital for future growth. The company emphasized that the buyback reinforces its commitment to shareholders by returning surplus cash effectively and is expected to improve earnings per share and return on equity. The buyback represents a corporate action through which the company repurchases shares at a premium to encourage participation.
According to LiveMint, Harshal Dasani from INVasset PMS believes the reserved-category mechanics make participation useful for retail shareholders even after tax. Mahesh M Ojha from Kantilal Chhaganlal Securities noted that investors may consider participating as it offers attractive returns, with the buyback enabling shareholders to tender at a premium potentially resulting in meaningful gains. However, experts advise investors to assess factors such as acceptance ratio and market conditions before making decisions.
