Wipro has approved the repurchase of up to 60 crore fully paid-up equity shares with a face value of Rs.2 each. The total buyback size stands at Rs.15,000 crore, making it one of the largest share repurchase programmes in India’s IT sector. The company will conduct the buyback through the tender offer route, where eligible shareholders can tender their shares during the offer period. The buyback represents approximately 5.72% of Wipro’s total paid-up equity share capital.

Here are the major highlights of the Wipro share buyback:

• Buyback Size: Rs.15,000 crore 
• Buyback Price: Rs.250 per share
• Current Market Price: Rs. 177.24 (Source: NSE ; Dt. 11/06/2026 10:40 AM)
• Premium Offered: Approximately 37%
• Buyback Opens: June 11, 2026
• Buyback Closes: June 17, 2026
• Record Date: June 5, 2026
• Shares to Be Bought Back: Up to 60 crore shares
• Buyback Route: Tender Offer

The buyback price of Rs.250 per share is significantly higher than Wipro’s prevailing market price, which has become one of the key reasons behind investor interest.

Only shareholders who held Wipro shares on the record date, June 5, 2026, are eligible to participate in the buyback.

This includes:

• Investors holding shares in demat accounts as of the record date 
• Physical shareholders 
• Eligible shareholders who converted their American Depositary Shares (ADSs) into equity shares before the specified deadline 

If an investor purchased shares after June 5, they are not eligible for the buyback offer.

Note: If you are planning to participate in stock market opportunities like buybacks, having a reliable demat account is essential. Investors can also open a demat account via Arham Wealth for seamless investing and portfolio management.

One of the most important aspects of any buyback is the entitlement ratio, especially for retail investors. Wipro has divided shareholders into two categories:

Reserved Category (Small Shareholders)

Small shareholders are investors holding shares worth up to Rs.2 lakh as of the record date.

For this category, the entitlement ratio is: 11 equity shares for every 56 shares held

This translates to roughly 19.64% entitlement, which is considered relatively attractive.

General Category

For shareholders outside the retail category, the entitlement ratio is: 10 shares for every 197 shares held

This works out to nearly 5% entitlement.

Because of this major difference, retail investors are expected to benefit more from the buyback compared to larger shareholders.

A share buyback is a corporate action in which a company repurchases its own shares from existing shareholders, generally at a premium.

Companies usually initiate buybacks for several reasons:

• Returning excess cash to shareholders
• Improving earnings per share (EPS)
• Supporting share prices during weak market conditions
• Enhancing investor confidence

For Wipro, the buyback comes during a difficult phase for the IT sector. Concerns regarding artificial intelligence disrupting traditional IT services have negatively impacted investor sentiment. Wipro shares have fallen nearly 29% in the last six months and are down more than 30% in 2026 so far. The buyback may help provide temporary support to the stock while rewarding shareholders with a premium exit opportunity.

While the buyback presents a potential short-term opportunity, long-term investors should also evaluate Wipro’s business fundamentals. The IT industry is currently undergoing structural changes because of rapid AI adoption. Investors are closely watching how companies like Wipro adapt their business models to remain competitive. Analysts remain cautious about the company’s growth outlook compared to other tier-1 IT firms. Therefore, investors should avoid viewing the buyback alone as a signal of business turnaround.

Wipro’s Rs.15,000-crore buyback has become one of the most discussed corporate actions in the Indian stock market right now. The attractive premium and favourable retail entitlement ratio make it an interesting opportunity for eligible shareholders.

For small shareholders, participating in the buyback may offer a decent short-term gain, especially if acceptance ratios remain healthy. However, investors must also consider taxation, post-buyback price movement, and the long-term outlook of the company before making a decision.

As always, investors should evaluate their risk appetite and consult a financial advisor if necessary before participating in corporate actions like buybacks. Investors looking to start their stock market journey can also open a demat account via Arham Wealth for easy access to equity investing and corporate actions like buybacks.

Source: Business Standard | Mint | Wipro Official

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