Wipro completes ₹15,000 crore buyback at ₹250 per share
pre-market1 source ↓written by the desknot a recommendation
- totaling
- ₹15,000 crore
- of its paid-up
- 5.72%
- subscribed
- 13.74 times
Wipro has successfully completed a buyback of 60 million shares at ₹250 each, totaling ₹15,000 crore. The buyback, representing 5.72% of its paid-up capital, was 13.74 times subscribed, reflecting strong demand from small shareholders and the general category. This move may enhance shareholder value and improve earnings per share.
Not investment advice. For informational purposes only.