Wipro Limited has informed the Exchange about Copy of Newspaper Publication
WIPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wipro Limited has published the public announcement for its approved buyback of up to 60 crore (600 million) equity shares at ₹250 per share, totaling up to ₹15,000 crore. The buyback is being conducted through the tender offer process via stock exchange mechanism under SEBI Buy-back Regulations, 2018. The announcement was published on May 25, 2026 in Financial Express (English), Jansatta (Hindi), and Vishwavani (Kannada). Promoters and promoter group (Azim Premji family entities) have indicated intention to participate, offering approximately 744.78 crore shares representing 98.30% of the buyback size. The buyback price represents a 16.3% premium over the volume weighted average market price and 311.77% premium over book value.
The buyback will reduce Wipro's equity base and is expected to improve earnings per share for remaining shareholders. The significant promoter participation indicates confidence in the company's value. This is within the regulatory limit of 25% of paid-up capital and free reserves.