Wipro's Rs 15,000 crore buyback closes today: Should retail investors participate? Analysts weigh in

Wipro's Rs 15,000 crore share buyback closes today at a price of Rs 250 apiece, with the offer opening on June 10 and covering up to 5.7% of paid-up equity share capital. Promoters and promoter groups have indicated participation, tendering up to 745 crore shares. Analysts from SBI Securities estimate about 7% returns for retail investors in the small shareholder category, with payment scheduled by June 24.