Bajaj Auto's biggest share buyback worth Rs 5,633 crore is set to close today, giving its shareholders the last chance to tender shares at Rs 12,000 per share, which is around 20% higher than the stock’s previous closing price.
The two-wheeler major launched its share buyback on July 1 as it aimed to buyback 46.94 lakh shares or 1.68% of the total paid-up share capital, with the record date being fixed on June 24.