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WIPRO'S RS 12K CR SHARE BUYBACK OVERVIEW
The Business Guardian
|June 23, 2023
Wipro offering shareholders a chance to sell at a premium price
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On June 22, Wipro, an IT company based in Bengaluru, launched a significant buyback program worth Rs 12,000 crore. The buyback offer will remain open until June 29. Through the tender route, Wipro plans to repurchase approximately 26.97 crore shares at a price of Rs 445 per share, which represents a 15 percent premium over the closing price of Rs 386 on Wednesday.
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