Bajaj Auto set to announce share buyback today. What to expect?

Bajaj Auto is likely to announce a buyback of shares today, with investors awaiting the bike maker's plan to return surplus cash to shareholders, two years after the 2024 buyback of shares, which was announced with a 43% premium.

Earlier last week, Bajaj Auto announced that its board of directors will meet on May 6 to consider a "proposal for buyback of fully paid-up equity shares of the company and other matters".

Bajaj Auto buyback history

Bajaj Auto earlier announced a Rs 4,000 crore buyback of shares in 2024 at a buyback price of Rs 10,000 per share. Back then, the shares of the company were trading at around Rs 6,980 apiece. The Rs 10,000 per share buyback price marked a premium of more than 43%.

The stock has now surged over 47% since then and is trading above the buyback price set two years back. Investors will actively await the buyback price and total size, along with the entitlement ratio, record date and other details.

If approved today, the share buyback would mark the bike maker’s third such corporate action in four years. In July 2022, it launched a share buyback worth Rs 2,500 crore at a buyback price of Rs 4,600 a share.

Buyback of shares refers to a corporate action where a company repurchases its own shares from existing shareholders, mostly at a premium to the market price.

Along with the buyback announcement, Bajaj Auto will also release its results for the January-March quarter of the financial year 2026, and may recommend a dividend for its shareholders.

Bajaj Auto share price

Bajaj Auto shares gained more than 2% to trade at Rs 10,269 apiece on NSE in the morning trading hours, ahead of the results and buyback announcement. The stock has gained more than 7% in one week and 15% in one month, and is up over 7% in 2026 so far.

In the longer term, the stock has gained around 130% in three years and more than 160% in five years. The company currently has a market capitalisation of Rs 2.88 lakh crore.

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