Wipro Buyback: Key Details

Buyback Highlights • Buyback Price: ₹250 per share • Route: Tender Offer • Total Size: ₹15,000 crore Share Details • Total Shares: 60 crore shares • Retail Quota: 9 crore shares Timeline • Record Date: Yet to be announced Why It Matters Buybacks at a premium price indicate management confidence and can support stock prices in the short term. Learning Outcome In tender buybacks, investor returns depend on acceptance ratio and holding size. Higher retail quota improves chances of participation for small investors.