$WIPRO

Wipro on Friday announced June 5, 2026 as the record date to determine shareholder eligibility for its upcoming share buyback programme. The company’s board had earlier, on April 16, approved a Rs 15,000 crore buyback plan under which Wipro intends to repurchase up to 60 crore equity shares, representing more than 5 percent of its total equity capital, at a price of Rs 250 per share. The Bengaluru-based IT services firm is launching its first buyback in nearly three years. Wipro’s previous buyback was conducted in June 2023, when the company repurchased shares worth Rs 12,000 crore between June 22 and June 30. During that exercise, it bought back 26.96 crore equity shares, accounting for 4.91 percent of its equity base, at Rs 445 per share. The buyback price does not reflect the 1:1 bonus issue announced by the company in December 2024. In its latest communication to the stock exchanges, Wipro referred to its earlier disclosures dated April 16 and May 21, 2026, confirming that both the board of directors and shareholders had approved the proposal to buy back up to 60 crore fully paid-up equity shares with a face value of Rs 2 each. The repurchase will be carried out through the tender offer route for an aggregate amount not exceeding Rs 15,000 crore at Rs 250 per share.