Friday, 13 November 2026 IPO data updated 20 minutes ago

Wipro ₹15,000-Crore Buyback Opens Today at ₹250/Share; Nearly 38% Premium

Wipro ₹15,000-Crore Buyback Opens Today at ₹250/Share; Nearly 38% Premium

Wipro Limited’s ₹15,000-crore share buyback opened today, June 11, 2026. The company will repurchase shares from eligible shareholders at ₹250 per share, which is nearly 38% higher than the recent market price. The buyback will be conducted through the tender offer route and will remain open until June 17, 2026.

Key Points

  • Buyback size: ₹15,000 crore
  • Buyback price: ₹250 per share
  • Premium: Nearly 38% over the recent market price
  • Opening date: June 11, 2026
  • Closing date: June 17, 2026
  • Record date: June 5, 2026
  • Buyback route: Tender offer
  • Total shares to be bought back: Up to 60 crore equity shares
  • Eligible shareholders: Investors who held Wipro shares on the record date
  • Retail investor focus: Acceptance ratio will be key, as the final benefit depends on how many shares are accepted
  • Company objective: Return surplus cash to shareholders and improve capital allocation

What Investors Should Keep in Mind

  • Check your buyback eligibility on your broker platform
  • Review your entitlement ratio before tendering shares
  • Broker-level tender deadlines may be earlier than the exchange deadline
  • Final gains will depend on market price, tax impact and the number of shares accepted
This news is for information only and is not investment advice. Please do your own research before making investment decisions.