Wipro sets June 5 record date for ₹15,000 crore buyback
after close1 source ↓written by the desknot a recommendation
- buyback
- ₹15,000 crore
- 60 million shares
- ₹250 per share
- of its total
- 5.72%
- over the recent
- 16.3% premium
Wipro Limited has announced June 5, 2026 as the record date for its ₹15,000 crore buyback of up to 60 million shares at ₹250 per share. This buyback represents 5.72% of its total paid-up equity share capital and a 16.3% premium over the recent market price.
The buyback follows shareholder approval on May 21, 2026, and is expected to enhance shareholder value, potentially impacting market sentiment positively.
Not investment advice. For informational purposes only.