This is the second time Bajaj Auto will be doing a share buyback if the board approves. In July 2022, Bajaj Auto launched a share buyback worth Rs 2,500 crore. The buyback was done at Rs 4,600 a share. Since the first share buyback, the share value of the automaker has more than doubled in value.
Board of Directors of Bajaj Auto has approved the proposal for buyback of the fully paid up equity shares of the Company, the comany said in its filing to the exchanges. The board meeting was held on Monday, 27 June Get more Markets News and Business News on Zee Business.