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Bajaj Auto Buyback Gets Shareholder Nod, Record Date on June 24 as Motilal Oswal Remains Neutral

Mumbai, June 18, 2026, 16:42 IST Bajaj Auto said Thursday it got shareholder approval for its ₹56.33 billion share buyback. Its buyback committee picked June 24 as the record date to determine eligible investors. The plan is to buy back up to 4.694 million shares at ₹12,000 apiece. (The Economic Times) The stock settled at ₹10,095, climbing 0.53%. The offer stands about 19% above where shares trade now. Motilal Oswal put a target at ₹10,025, which is a bit under Thursday’s closing price. That clash helps explain why the market didn’t run: the buyback gives a clear cash return, but

The post Bajaj Auto Buyback Gets Shareholder Nod, Record Date on June 24 as Motilal Oswal Remains Neutral appeared first on India Stocks Daily.

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