Wipro has announced a share buyback worth up to ₹15,000 crore along with its latest financial results. The company’s board approved the repurchase of up to 60 crore equity shares, which is about 5.7% of the total share capital.
This proposal still needs approval from shareholders.
The buyback price has been fixed at ₹250 per share. This is about a 19% premium compared to the previous closing price of ₹210.20 on the BSE.
The buyback will happen through the tender offer route, meaning existing shareholders can offer their shares based on the record date.
The company has not yet declared the record date. Wipro said the timeline and other details will be shared later through a public announcement and the official letter of offer.
Promoters and promoter group members have already shown their intention to participate in the buyback.
This is Wipro’s first buyback in nearly 3 years. The last buyback happened in June 2023, when the company repurchased shares worth ₹12,000 crore at ₹445 per share.
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Wipro share price (NSE: WIPRO) closed at ₹210.15 on 16 April, up 0.19% for the day. The stock opened at ₹212.98, which was also its intraday high, and touched a low of ₹208.21 during the session.
The ₹15,000 crore buyback signals confidence from Wipro’s management and offers a premium exit opportunity for shareholders. Investors now await the record date and detailed timeline for participation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 16, 2026, 5:08 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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