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Wipro announces a Rs 15,000-crore share buyback at Rs 250 per share on April 16, 2026. Check record date, tender offer ratio, premium and eligibility details.
Wipro Share Buyback 2026.
Wipro Share Buyback 2026: Wipro on Thursday announced a share buyback worth up to Rs 15,000 crore. The IT company said its board has approved the proposal to buy back up to 60 crore equity shares through the tender offer route at a price of Rs 250 per share, compared with the current stock price of Rs 210.26 apiece.
This is Wipro’s first buyback announcement in over three years.
Buyback price offers 19% premium
With Wipro shares currently trading at Rs 210.26 apiece, the buyback price of Rs 250 means a premium of nearly 19 per cent.
Buyback to include 60 crore shares
The buyback of 60 crore shares, subject to regulatory approval, represents around 5.7 per cent of Wipro’s total paid-up equity share capital.
Buyback to be carried out via tender offer route
The buyback will be carried out through the tender offer route, making all shareholders holding shares as of the record date eligible to participate. This will also include investors who received equity shares after surrendering or cancelling American Depository Receipts (ADRs).
The company added that its promoters and promoter group entities have expressed their intention to participate in the buyback.
Wipro Buyback Record Date
The record date and detailed schedule for the offer are expected to be announced soon.
Why companies announce buybacks
Companies typically use buybacks when they have surplus cash and want to return capital to shareholders. Buybacks can also signal management confidence in long-term business prospects.
Wipro said it has maintained strong cash generation, with FY26 operating cash flow at 112.6 per cent of net income.
Dividend
The company added that the interim dividend of Rs 11 per share declared during FY26 will be considered as the final dividend for the financial year 2025-26.
Wipro on Thursday reported a 1.9 per cent year-on-year (YoY) decline in consolidated net profit to Rs 3,521 crore for the quarter ended March 2026 (Q4FY26), even as revenue rose 7.7 per cent YoY. Revenue from operations during the January-March quarter stood at Rs 24,236.3 crore, compared with Rs 22,504.2 crore in the corresponding quarter last year.
The company had posted a net profit of Rs 3,588.1 crore in the year-ago period.
On a sequential basis, net profit rose 12.3 per cent, while revenue increased 2.9 per cent.
April 16, 2026, 5:06 PM IST
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