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HomeMarket NewsWipro to consider first share buyback in three years along with Q4 results on April 16
This is the first instance in nearly three years that the company will be considering a buyback of equity shares. The last instance of Wipro doing so was back in June 2023.
Bengaluru-based IT services provider Wipro Ltd. has announced that it will be considering a buyback of equity shares at the time of its board meet on April 16.
April 16 will also be the day when the board will meet to consider its March quarter results.
This is the first instance in nearly three years that the company will be considering a buyback of equity shares. The last instance of Wipro doing so was back in June 2023.
Back in 2023, Wipro had carried out a ₹12,000 crore share buyback, between June 22 - June 30, repurchasing 26.96 crore equity shares or 4.91% of the total equity at a price of ₹445 per share. The price is not adjusted for the 1:1 bonus issue that the company had announced for shareholders in December 2024.
Shares of Wipro recovered from the lows of the day to end little changed at ₹203.18.
This is breaking news and will be updated with more.
First Published:
Apr 9, 2026 3:52 PM
IST
