Bajaj Auto hits 52-week high on nod to ₹4,000 cr share buyback plan
Bajaj Auto will buyback 40 lakh shares at ₹10,000 apiece, a 43.14% premium over yesterday’s closing price
Bajaj Auto will buyback 40 lakh shares at ₹10,000 apiece, a 43.14% premium over yesterday’s closing price
The leading two-wheeler manufacturer has pegged the maximum price for the share buyback at ₹4,600 per equity share, according to a regulatory filing.
The Bajaj Auto board says more deliberations are needed to reach a final decision on the buyback plan.