$WIPRO

### Wipro Announces ₹15,000 Crore Buyback; June 5 Fixed as Record Date **Wipro Ltd.** has fixed **June 5, 2026**, as the record date for its massive **₹15,000 crore share buyback**. The company will repurchase shares at **₹250 per share** through the tender offer route, making it one of the largest buybacks in the Indian IT sector. #### Key Highlights * **Buyback Size:** ₹15,000 crore * **Buyback Price:** ₹250 per share * **Record Date:** June 5, 2026 * **Method:** Tender Offer * **Maximum Shares to be Bought Back:** 60 crore shares * Promoters are also expected to participate in the buyback. ### Impact on Wipro Stock #### Short-Term Positive The buyback price of ₹250 is at a premium to the prevailing market price, which is likely to support investor sentiment. Stocks often witness increased buying interest ahead of the record date as investors seek to participate in the buyback. #### Strong Shareholder-Friendly Signal A large buyback reflects management's confidence in the business and highlights Wipro's strong cash position. It also demonstrates a commitment to returning capital to shareholders. #### Earnings Per Share (EPS) Benefit Since buybacks reduce the number of outstanding shares, they generally improve EPS and other per-share metrics, which is positive for long-term shareholders. #### Possible Profit Booking After Record Date Historically, stocks involved in buybacks can see some selling pressure after the record date as short-term investors exit their positions. ### Market View **Overall sentiment: Positive.** The announcement is likely to act as a near-term catalyst for the stock and may provide downside support before the record date. However, investors should also monitor the acceptance ratio and broader IT sector outlook before making investment decisions.