Wipro Buyback Record Date Tomorrow, June 5, 2026: Last Day to Buy Shares for ₹15,000 Crore Offer

Wipro share price is likely to remain in focus on June 4 as investors have a final opportunity to buy the stock and become eligible for the company's ₹15,000 crore share buyback programme.

The IT major has fixed June 5, 2026, as the record date for determining eligible shareholders.

Wipro Fixes June 5 as Record Date

Wipro announced on May 22 that June 5 would be the record date for identifying shareholders entitled to participate in the buyback.

Only investors whose names appear in the company's records on the record date will be eligible to tender their shares under the buyback offer.

Why is June 4 Is Important?

Indian stock markets follow a T+1 settlement cycle, meaning shares purchased on June 4 will be credited to investors' demat accounts by June 5.

As a result, investors must buy Wipro shares on or before June 4 to qualify for the buyback. Anyone purchasing the stock on or after June 5 will not be eligible based on the record date.

Details of Wipro's ₹15,000 Crore Buyback

In April 2026, Wipro's board approved a proposal to repurchase up to 60 crore equity shares with a face value of ₹2 each.

Key details of the buyback include:

The proposal received shareholder approval on May 21, 2026.

Company's Largest-Ever Buyback

During the Q4 FY26 earnings call, Wipro Chief Financial Officer Aparna Iyer described the programme as the company's largest buyback to date.

According to the company, the buyback is expected to be completed during the first quarter of FY27, subject to regulatory and procedural requirements.

Promoters Likely to Participate

Wipro has informed exchanges that members of its promoter and promoter group have expressed their intention to participate in the buyback offer.

The company has also constituted a committee to oversee and execute the buyback process.

Shareholder Returns

Wipro said it distributed around $1.3 billion to shareholders through dividends during FY26. The company added that its payout ratio for the 3-year period ending FY26 stood at 88%, exceeding its stated capital allocation policy.

Wipro Share Price Movement

At around 12:19 PM on June 4, 2026, Wipro share price (NSE: WIPRO) trading at ₹203.83 on the NSE, down 0.13% or ₹0.27 from the previous close. The stock opened at ₹203.00 and moved between an intraday high of ₹204.75 and a low of ₹202.10. The stock offers a dividend yield of 5.40%, with a quarterly dividend payout of ₹2.75 per share. 

Conclusion

Investors interested in participating in Wipro's ₹15,000 crore buyback must ensure they purchase shares by June 4, as June 5 is both the record date and ex-date. With a buyback price of ₹250 per share and a size of ₹15,000 crore, the programme marks the largest share repurchase initiative in the company's history.

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