Wipro fixes June 5 as record date for Rs 15,000 crore share buyback at Rs 250 apiece

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, ETMarkets.comLast Updated: May 22, 2026, 04:46:00 PM IST

Synopsis

Wipro Limited has set June 5, 2026, as the record date for its Rs 15,000 crore share buyback. The IT major's board and shareholders previously approved the repurchase of up to 60 crore shares at Rs 250 each. This tender offer will allow eligible shareholders to participate in the buyback.

IT major Wipro Limited has announced June 5, 2026 as the record date for its proposed Rs 15,000 crore share buyback, enabling eligible shareholders to participate in the tender offer.

The Bengaluru-based tier-1 software services company informed stock exchanges on Friday that its board and shareholders had earlier approved the buyback of up to 60 crore fully paid-up equity shares with a face value of Rs 2 each at a price of Rs 250 per share. The repurchase will be carried out through the tender offer route on a proportionate basis.

Under the buyback scheme, shareholders whose names will appear in the company’s records as of June 5 will be eligible to participate in the buyback process.

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