$WIPRO Buyback Details

Wipro has fixed June 5, 2026, as the record date for its ₹15,000 crore share buyback, which will be the company’s largest-ever buyback program. Shareholders holding shares as of the record date will be eligible to participate in the tender offer. The IT major plans to repurchase up to 60 crore equity shares at ₹250 per share, representing around 5.7% of its total equity capital. The buyback was approved by the board in April and later cleared by shareholders on May 21. Promoters are also expected to participate in the offer. The move reflects Wipro’s strategy of returning excess cash to shareholders amid a challenging IT demand environment. The company had last conducted a buyback in 2023 worth ₹12,000 crore.