Wipro Limited (WIPRO) — Buyback / Redemption Announcement

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📢 Key Event
Wipro announces buyback of 60 million shares at ₹250 per share for ₹15,000 crore

🔄 What Changed
Buyback of 60 million shares at ₹250 per share representing 5.72% of paid-up capital and ₹15,000 crore total consideration

💡 Investor Takeaway
The buyback returns surplus cash to shareholders by reducing equity capital while increasing promoter stake and maintaining regulatory compliance.

Wipro Limited announced a buyback of up to 60 million equity shares at ₹250 per share, representing 5.72% of paid-up capital and totaling ₹15,000 crore. The offer opens on June 11, 2026, and closes on June 17, 2026, with a record date of June 5, 2026. Eligible shareholders can tender shares via brokers during this period. The buyback is funded from free reserves, subject to regulatory approvals, and includes a 15% reservation for small shareholders. Post-buyback, promoter holding will rise slightly to 73.01%, while public holding remains above regulatory minimums. The company confirmed solvency and appointed JM Financial as the buyback manager.

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About Wipro Limited (WIPRO)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹1,99,392.54 Cr P/E: 15.0 ROE: 16.1% ROCE: 19.1%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Wipro Limited (WIPRO) — Buyback / Redemption Announcement

About Wipro Limited (WIPRO)

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