Bajaj Auto opens ₹5,633 crore buyback offer
pre-market1 source ↓written by the desknot a recommendation
- share buyback
- ₹5,633 crore
- offering to repurchase
- 46.94 lakh shares
- each
- ₹12,000
- above the last
- 24%
- period runs
- 1 to 7 July
Bajaj Auto has launched a ₹5,633 crore share buyback, offering to repurchase 46.94 lakh shares at ₹12,000 each, approximately 24% above the last closing price. The buyback period runs from 1 to 7 July, targeting 1.68% of its total paid-up capital. Only shareholders on the 24 June record date can participate.
Not investment advice. For informational purposes only.