Wipro sets 5 June record date for ₹15,000 cr buyback
pre-market1 source ↓written by the desknot a recommendation
- as the record
- 5 June
- share buyback program
- ₹15,000 crore
- repurchase
- 60 crore shares
- each
- ₹250
- plan
- ₹12,000 crore
Wipro has set 5 June as the record date for its ₹15,000 crore share buyback program, aiming to repurchase up to 60 crore shares at ₹250 each. This marks the largest buyback in the company's history, exceeding the previous ₹12,000 crore plan. The move reflects Wipro's strategy to return surplus cash to shareholders while investing in AI and strategic acquisitions.
Not investment advice. For informational purposes only.