Wipro completes ₹15,000 crore buyback at ₹250 per share
pre-market1 source ↓written by the desknot a recommendation
- ₹250 per share
- totaling
- ₹15,000 crore
- of its paid-up
- 5.72%
- 13.74 times subscribed
Wipro has successfully completed its buyback of 60 million shares at ₹250 per share, totaling ₹15,000 crore. The buyback, representing 5.72% of its paid-up equity, was 13.74 times subscribed, indicating strong demand from investors. This move may enhance shareholder value and signal confidence in future growth.
Not investment advice. For informational purposes only.