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Bajaj Auto to consider buyback of equity shares on January 8’ 2024 and management says that this buyback size will be bigger than the previous instance. In its last offer the buyback was worth ₹2500 crore and was done via open market through stock exchange mechanism at the rate ₹4600 per share buyback price. If we assume a bigger buyback size compared to the previous instance at current price ₹6950 we can expect price ₹7800/₹8000 range buyback.
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