The proposed buyback, if approved, would mark yet another significant capital allocation to its shareholders. This will be the second such move by the maker of Pulsar and Discover motorcycles in two years. Back in 2024, it had carried out ₹4,000-crore buyback at a price of ₹10,000 per share.
The automaker, which has seen strong earnings momentum on the back of premium motorcycle volumes and export recovery, is sitting on a sizable cash chest — making a buyback a logical tool to enhance return on equity and support the stock price. The quantum, price band, and method of the proposed buyback are expected to be disclosed post the board meeting next week.
Separately, the company reiterated that the trading window for dealing in its securities remains closed from 1April 2026 through to 8 May 2026 — both days inclusive — for designated persons and their immediate relatives under Sebi’s Prohibition of Insider Trading Regulations. The window closure, initially announced via letters on 27 March and 13 April 2026, now also extends to cover the buyback proposal.