Bajaj Auto board to consider share buyback on May 6

Bajaj Auto's board will meet on May 6 to consider a share buyback. This move signals another capital return to shareholders. The company has a strong cash position. The details of the buyback will be announced after the meeting. The trading window...

Agencies
The window closure, initially announced via letters on 27 March and 13 April 2026, now also extends to cover the buyback proposal.
Mumbai: Bajaj Auto’s board of directors will meet on May 6 to consider a proposal for the buyback of fully paid-up equity shares, signalling a fresh round of capital return to shareholders by the Pune-based two-wheeler and three-wheeler major, the company said in a notification to the exchanges.

The proposed buyback, if approved, would mark yet another significant capital allocation to its shareholders. This will be the second such move by the maker of Pulsar and Discover motorcycles in two years. Back in 2024, it had carried out ₹4,000-crore buyback at a price of ₹10,000 per share.

The automaker, which has seen strong earnings momentum on the back of premium motorcycle volumes and export recovery, is sitting on a sizable cash chest — making a buyback a logical tool to enhance return on equity and support the stock price. The quantum, price band, and method of the proposed buyback are expected to be disclosed post the board meeting next week.


Separately, the company reiterated that the trading window for dealing in its securities remains closed from 1April 2026 through to 8 May 2026 — both days inclusive — for designated persons and their immediate relatives under Sebi’s Prohibition of Insider Trading Regulations. The window closure, initially announced via letters on 27 March and 13 April 2026, now also extends to cover the buyback proposal.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › News › Bajaj Auto board to consider share buyback on May 6
Text Size:AAA
Success
This article has been saved

*

+