Intimation of Record date for buyback of equity shares
WIPRO · price
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Wipro Ltd has fixed June 5, 2026 as the Record Date for its approved buyback of equity shares. The buyback involves up to 60 crore fully paid-up equity shares of face value ₹2 each, at a price of ₹250 per share through a tender offer process. The maximum aggregate buyback amount is ₹15,000 crore. This is a significant capital return exercise approved by the Board on April 16, 2026 and subsequently ratified by shareholders on May 21, 2026.
Shareholders holding shares as of June 5, 2026 will be eligible to participate in the buyback at ₹250 per share, representing a potential return of capital. The announcement may provide near-term support to the stock price.