WIPRO LTD (WIT) Form 6-K — May 22, 2026
Wipro Limited has fixed June 5, 2026, as the record date for its proposed share buyback program. The company announced that shareholders registered on this date will be eligible to participate in the tender offer. The buyback allows Wipro to repurchase up to 600 million fully paid-up equity shares at a price of INR 250 per share. This represents a maximum aggregate outlay of INR 15,000 crore (approximately USD 1.8 billion), signaling a substantial commitment to returning capital to shareholders.
Key figures
- Offering Price
- 250
- Shares Offered
- 600000000
- Currency
- INR
- Face Value
- 2
- Record Date
- 2026-06-05
- Buyback Limit INR
- 15,000 Crore
- Buyback Limit USD
- ~1.8 Billion
AI analysis
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