$WIPRO Slides 4% on Ex-Buyback Trading Despite ₹15,000 Crore Share Repurchase

$WIPRO shares fell nearly 4% on the record date of its ₹15,000 crore share buyback. The decline was primarily driven by the stock trading ex-buyback, while short-term investors exited their arbitrage positions following the record date. The weakness in Wipro also weighed on the broader Nifty IT index. Buyback Highlights Buyback Price: ₹250 per share Record Date: June 5, 2026 Buyback Size: ₹15,000 crore, representing approximately 5.72% of the company's outstanding equity capital. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.