Wipro, a prominent global IT company, has unveiled a plan to buy back 60 crore equity shares at ₹250 per share. This initiative aims to repurchase 5.70% of its total paid-up equity share capital, amounting to ₹15,000 crore.
The latest buyback by Wipro involves acquiring 60,00,00,000 equity shares, representing 5.70% of the total equity shares. The buyback price is set at ₹250 per share, with each share having a face value of ₹2.
This buyback, conducted via a tender offer, aggregates to a total of ₹15,000 crore, offering shareholders the chance to sell their shares at a premium.
Wipro Ltd. has consistently returned value to its shareholders through a series of significant share buybacks over the past decade.
The company’s buyback journey began on June 30, 2016, when it repurchased 4.34% of its paid-up capital at ₹625 per share, totalling ₹2,500 crore, with a retail acceptance ratio of 100%.
This was followed by a massive ₹11,000 crore buyback on December 13, 2017, buying back 6.06% of capital at ₹320 per share, where retail investors saw a 50% acceptance ratio.
On August 28, 2019, Wipro again repurchased 5.35% of paid-up capital at ₹325 per share for ₹₹10,500 crore, maintaining a 50% retail acceptance ratio.
The trend continued on December 11, 2020, with a ₹9,500 crore buyback of 4.16% of capital at ₹400 per share, though the retail acceptance ratio dropped to 33%.
Most recently, on June 30, 2023, Wipro bought back 4.91% of its paid-up capital at ₹445 per share, with a total outlay of ₹12,000 crore and a retail acceptance ratio of 77%, demonstrating continued confidence in its capital management strategy.
| Date | Buyback size | Shares as % of capital | Buyback price | Total amount | Retail acceptance ratio |
| 30 Jun 2016 | 4.34% | 4.34% | ₹625 | ₹2,500 crore | 100% |
| 13 Dec 2017 | 6.06% | 6.06% | ₹320 | ₹11,000 crore | 50% |
| 28 Aug 2019 | 5.35% | 5.35% | ₹325 | ₹10,500 crore | 50% |
| 11 Dec 2020 | 4.16% | 4.16% | ₹400 | ₹9,500 crore | 33% |
| 30 Jun 2023 | 4.91% | 4.91% | ₹445 | ₹12,000 crore | 77% |
| 2026 | 5.70% | 5.70% | ₹250 | ₹15,000 crore | Tender offer |
Shareholders can participate in the buyback offer by tendering their shares through their brokers. Those with dematerialised shares need to inform their brokers and transfer their shares to a special account.
Shareholders with physical shares must approach their broker with original share certificates. Upon verification, the broker places the order on the stock exchange for the buyback.
Read More: Wipro Buyback 2026: Big Numbers, Smaller Profits? Here’s The Reality!
The buyback presents a dual advantage for shareholders. It offers an exit route at a premium price, and for those who remain invested, it results in an increase in the percentage shareholding, potentially enhancing earnings per share due to a reduced number of outstanding shares.
As of April 24, 2026, at 10:17 AM, Wipro share price on NSE was trading at ₹198.46 down by 2.12% from the previous closing price.
Wipro's 2026 buyback plan is a significant move, aiming to repurchase 60 crore shares at ₹250 each, totalling ₹15,000 crore. This buyback, aligned with previous initiatives, continues to provide shareholders with strategic opportunities within the company's evolving financial landscape.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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 the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 24, 2026, 11:32 AM IST
Team Angel One
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