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Palak Jain

4th Jun · SEBI-Registered Analyst

$WIPRO Buyback Alert: Last day for investors! IT stock fall ahead of Rs 15000 crore buyback as stocks turn ex-date soon

Wipro share price declined nearly 1 per cent as Thursday marks the last day for investors looking to participate in IT services major Wipro’s share buyback worth Rs 15,000 crore to purchase the shares of the company latest by today before the stock goes ex-record date for the corporate action on Friday. The stock was trading around Rs 203, giving the buyback price of Rs 250 per share a premium of about 23 per cent over the current market price.

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