Wipro Ltd

Wipro Announces ₹15,000 Crore Buyback at ₹250 per Share 📈

- Wipro Limited announces a buyback of up to 60,00,00,000 equity shares at ₹250 per share, totaling ₹15,000 crore.

- The buyback represents 5.72% of the total paid-up equity share capital.

- Record date for the buyback is June 5, 2026.

- Buyback size is 24.99% of fully paid-up equity share capital and 19.99% of free reserves.

- ADS holders must cancel their ADSs by June 2, 2026, and establish a DR type demat account in India to participate.

- Buyback price is at a premium of 15.22% and 26.67% to the volume-weighted average market price of ADSs on NYSE for the 60 and 10 trading days preceding April 9, 2026.

- Wipro advises ADS holders to consult tax advisors due to potential tax implications and review exchange rates and costs before participating.

- Wipro is a leading AI-powered technology services and consulting company with over 240,000 employees and business partners across 65 countries.