Bajaj Auto announces share buyback worth Rs 4,000 crore, at Rs 10,000 per share
The company's board has approved the proposal for buyback of up to 4,000,000 shares of face value of Rs 10 each at a price of Rs 10,000 per share for a total consideration not exceeding Rs 4,000 crore, the Pune-based company said in a regulatory filing.
The buyback is subject to approval of the shareholders. Image Courtesy: Reuters.