IT services giant Wipro on Thursday, April sixteen, announced its biggest-ever share buyback well worth ₹15,000 crore, providing buyers ₹250 consistent with percentage. The decision was authorised by using the employer’s board of administrators, in line with a regulatory submitting with the inventory exchanges. As in step with the submitting, Wipro plans to shop for back as much as 60 crore completely paid-up fairness shares, representing about 5.7% of its overall paid-up proportion capital. Each proportion has a face price of ₹2.
The buyback rate of ₹250 consistent with percentage displays a top class of round 19% over the inventory’s remaining fee of ₹210.26 on Thursday. The corporation said that the buyback will be carried out via the smooth offer direction, that means eligible shareholders can promote their shares on the constant price. However, the proposal is issue to shareholder approval, and the document date might be introduced later.
Wipro’s Buyback Track Record
Wipro has continuously used share buybacks as a method to praise traders. Since 2016, the organisation has introduced a couple of buybacks:
- 2016: ₹2,500 crore at ₹625/percentage
- 2017: ₹11,000 crore at ₹320/share
- 2019: ₹10,500 crore at ₹325/percentage
- 2020: ₹9,500 crore at ₹four hundred/proportion
- 2023: ₹12,000 crore at ₹445/proportion
The trendy ₹15,000 crore buyback is the largest so far.
Q4 Performance Snapshot
Alongside the buyback, Wipro additionally reported its Q4 results. The business enterprise published a moderate 2% drop in net profit at ₹three,502 crore in comparison to the same quarter remaining 12 months.
However, on a sequential foundation, income accelerated 12% from ₹3,119 crore in the preceding sector. Revenue from operations rose eight% year-on-yr to ₹24,236 crore, displaying steady commercial enterprise increase.
Stock Trend and Market Position
Wipro’s inventory has confronted volatility:
- Declined 21% in 2026 thus far
- Fell 15% inside the closing three hundred and sixty five days
- Gained 7.7% in the beyond month
The business enterprise’s market capitalization stood above ₹2.2 lakh crore as of April 16, 2026.
Final Take
Wipro’s contemporary buyback highlights its sturdy coins function and continued recognition on rewarding shareholders. While the inventory has visible short-time period strain, the buyback top class can also offer help and improve investor sentiment in the near term. Stock Trend and Market Position