Bajaj Auto buyback worth ₹5,633 crore closes today
after close1 source ↓written by the desknot a recommendation
- share buyback
- ₹5,633 crore
- each
- ₹12,000
- than the last
- 20% higher
- shares
- 46.94 lakh
- of total paid-up
- 1.68%
Today marks the final chance for eligible Bajaj Auto shareholders to participate in the ₹5,633 crore share buyback, offering shares at ₹12,000 each, approximately 20% higher than the last closing price. The buyback, initiated on 1 July, aims to repurchase 46.94 lakh shares, or 1.68% of total paid-up capital. Shareholders can tender shares based on their category entitlements as of the record date, 24 June.
Not investment advice. For informational purposes only.