Bajaj Auto Board to Consider Share Buyback as Well as Q4 Earnings and Dividend Announcement on May 6.
Bajaj Auto Share Price Rises 2% Amid Share Buyback Proposal
Bajaj Auto, a leading two- and three-wheeler manufacturer, saw its share price surge 2% on Thursday following the announcement of a potential share buyback proposal. The company's shares rose as much as 2.86% to ₹9,815.25 apiece on the BSE.
The Bajaj Auto board of directors is scheduled to meet on May 6, 2026, to consider a proposal for the buyback of fully paid-up equity shares of the company. This move comes after the company's last share buyback on February 29, 2024.
Bajaj Auto to Declare Q4 Results and Recommend Dividend
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The company had earlier announced that its board will declare its Q4 results on May 6, 2026, along with the recommendation of a dividend. The meeting of the Board of Directors of the Company is scheduled on Wednesday, May 6, 2026, to consider, among other things, the audited standalone and consolidated financial results of the Company for the quarter and financial year ended March 31, 2026.
Bajaj Auto Share Price Performance
Bajaj Auto share price has seen significant gains in recent months, with a 2% rise on a year-to-date (YTD) basis. The auto stock has rallied 9% in six months and surged 22% in one year. Over a longer period, the company's shares have delivered multibagger returns of 120% in three years and 155% in five years.
| Timeframe | Bajaj Auto Share Price Gain |
|---|---|
| One Month | 11% |
| Six Months | 9% |
| One Year | 22% |
| Three Years | 120% |
| Five Years | 155% |
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Investor Takeaway
Bajaj Auto's share price may see a boost due to the potential share buyback and dividend announcement.
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