Bajaj Auto announces ₹12,000 buyback plan
pre-market1 source ↓written by the desknot a recommendation
- per share
- ₹12,000
- over Wednesday's closing
- 15% premium
- closing price
- ₹10,390
- shares
- 46.94 lakh
- in expenditure
- ₹5,633 cr
Bajaj Auto shares are gaining attention following the announcement of a share buyback plan priced at ₹12,000 per share, representing a 15% premium over Wednesday's closing price of ₹10,390. The company aims to buy back 46.94 lakh shares, totaling ₹5,633 cr in expenditure. Analysts are optimistic, citing EV and exports as key growth drivers.
Not investment advice. For informational purposes only.