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Sat, 13 Jun 2026
05:36:13 am
Sat, 13 Jun 2026
05:36:13 am
Rudransh Sangwan
Published at: June 9, 2026, 6:27 AM
Synopsis
Wipro's ₹15,000 crore buyback opens June 11, 2026. Check entitlement ratio, eligibility criteria, key dates, buyback schedule, shareholder benefits, and complete details.
India's leading IT services company Wipro Limited has officially announced the opening of its ₹15,000 crore share buyback programme, marking the company's first major buyback initiative in nearly three years. The buyback will commence on June 11, 2026, and close on June 17, 2026, providing eligible shareholders an opportunity to tender their shares at a premium under the tender offer route.
The buyback comes at a crucial time for Wipro as the company's stock has witnessed significant pressure amid global concerns over technology spending, artificial intelligence-led disruptions, and broader weakness across the IT sector. The move is widely seen as a capital allocation strategy aimed at rewarding shareholders while demonstrating management confidence in the company's long-term fundamentals.
| Particulars | Details |
|---|---|
| Company | Wipro Limited |
| Buyback Size | ₹15,000 Crore |
| Buyback Route | Tender Offer |
| Shares to be Bought Back | Up to 60 Crore Shares |
| Percentage of Equity Capital | 5.7% |
| Buyback Opening Date | June 11, 2026 |
| Buyback Closing Date | June 17, 2026 |
| Record Date | June 5, 2026 |
| Eligibility | Shareholders holding shares on record date |
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The announcement of a ₹15,000 crore buyback is one of the largest corporate actions undertaken by Wipro in recent years and reflects the company's continued focus on shareholder value creation. Share buybacks are often viewed positively by investors because they reduce the number of outstanding shares in the market, improve earnings per share metrics, and signal management's confidence in the underlying business.
For Wipro, the timing is particularly important as the IT services sector continues to navigate uncertainties arising from global economic conditions, enterprise spending moderation, and the rapid adoption of artificial intelligence technologies. Despite these near-term challenges, the company's decision to return substantial capital to shareholders indicates confidence in its balance sheet strength and future cash generation capabilities.
Wipro has announced separate entitlement ratios for shareholders under the reserved category and general category.
| Category | Entitlement Ratio |
|---|---|
| Small Shareholders (Reserved Category) | 11 Shares for every 56 Shares Held |
| General Category Shareholders | 10 Shares for every 197 Shares Held |
The higher entitlement ratio for small shareholders is intended to provide better participation opportunities to retail investors and is a standard feature in many buyback programmes conducted through the tender route.
Eligibility for participation in the buyback is determined based on the company's record date of June 5, 2026. Investors whose names appeared in the company's shareholder records on this date are eligible to participate in the buyback offer.
Shareholders holding Wipro shares in dematerialized form through their demat accounts as of the record date can tender their shares through registered brokers on either the NSE or BSE platforms during the buyback window.
| Requirement | Status |
|---|---|
| Held Shares on June 5, 2026 | Mandatory |
| Shares in Demat Form | Eligible |
| Physical Shareholders | Eligible (Subject to Procedures) |
| ADR Converted Shareholders | Eligible |
| Promoters & Promoter Group | Eligible |
Investors planning to participate should closely monitor the key dates associated with the buyback process.
| Event | Date |
|---|---|
| Record Date | June 5, 2026 |
| Buyback Opens | June 11, 2026 |
| Buyback Closes | June 17, 2026 |
| Last Date for Tender Forms | June 17, 2026 |
| Verification of Shares | June 19, 2026 |
| Acceptance/Rejection Intimation | June 23, 2026 |
The registrar will verify all submitted shares before determining the final acceptance ratio and communicating results to investors.
Wipro has chosen the tender offer route for executing the buyback. Under this method, shareholders can offer their shares directly to the company during the specified buyback period.
Unlike open market buybacks, the tender route provides a more transparent process where shareholders know in advance that the company is willing to repurchase shares under a structured framework. However, investors should understand that not all tendered shares are necessarily accepted. Final acceptance depends on the total participation level and category-wise allocation.
| Step | Description |
|---|---|
| Eligibility Check | Based on Record Date |
| Share Tendering | Through Registered Broker |
| Verification | Registrar Reviews Shares |
| Acceptance Determination | Based on Category Allocation |
| Settlement | Accepted Shares Purchased |
Corporate buybacks are frequently interpreted as management's confidence in the company's future prospects. By committing ₹15,000 crore toward repurchasing shares, Wipro is effectively indicating that it sees value in its stock despite the recent weakness experienced across technology stocks.
The move may also help support shareholder returns at a time when the broader IT sector faces questions around growth visibility, pricing pressures, and the long-term impact of generative AI on traditional outsourcing models.
Despite challenging industry conditions, Wipro continues to maintain a strong operational presence in the global IT services market.
| Metric | Performance |
|---|---|
| Q4 Net Profit | ₹3,502 Crore |
| YoY Profit Growth | -2% |
| Revenue from Operations | ₹24,236 Crore |
| Revenue Growth | 8% YoY |
| Buyback Size | ₹15,000 Crore |
While profitability remained under pressure, revenue growth demonstrated resilience amid an evolving global technology landscape.
Wipro shares have witnessed significant volatility over the past several months as investors reassessed growth prospects for global IT services companies amid rising adoption of AI-driven automation and concerns regarding discretionary technology spending.
| Period | Return |
|---|---|
| Year-to-Date 2026 | -32% |
| Last 6 Months | -29% |
| Recent Trend | Weak |
| Sector Sentiment | Cautious |
The sharp correction in the stock has led many market participants to view the buyback as a potential confidence-building measure by management.
The buyback creates several potential advantages for eligible investors.
| Benefit | Impact |
|---|---|
| Capital Return | Direct Value Creation |
| Reduced Outstanding Shares | Positive for EPS |
| Improved Shareholder Value | Potentially Positive |
| Management Confidence Signal | Positive Sentiment |
| Better Retail Participation | Higher Reserved Ratio |
For long-term shareholders, the buyback may also improve ownership concentration and enhance future earnings metrics if business performance stabilizes.
The Wipro Buyback 2026 represents one of the most significant shareholder-friendly corporate actions announced by the company in recent years. While near-term challenges continue to impact the broader IT services sector, the ₹15,000 crore buyback highlights Wipro's strong balance sheet and ability to return capital to investors even during periods of uncertainty.
For eligible shareholders, the buyback offers an opportunity to participate in a structured capital return programme, while for long-term investors, it reinforces management's commitment to enhancing shareholder value. The final acceptance ratio and investor participation levels will be closely watched by the market as the buyback window opens on June 11.
Wipro Limited is one of India's largest information technology services and consulting companies. Headquartered in Bengaluru, the company provides digital transformation, cloud computing, cybersecurity, engineering services, artificial intelligence solutions, and IT consulting services to clients across multiple industries worldwide.
| Particulars | Details |
|---|---|
| Company Name | Wipro Limited |
| Industry | Information Technology Services |
| Headquarters | Bengaluru, India |
| Sector | IT Services & Consulting |
| Global Presence | 65+ Countries |
| Listing | NSE & BSE |
| Founder | M.H. Hasham Premji |
| Chairman | Rishad Premji |
Wipro's buyback offer will open on June 11, 2026, and close on June 17, 2026.
The company fixed June 5, 2026, as the record date for determining shareholder eligibility.
Eligible retail shareholders can tender 11 shares for every 56 shares held under the reserved category.
General category shareholders can tender 10 shares for every 197 shares held.
The total buyback size is ₹15,000 crore.
The company plans to repurchase up to 60 crore equity shares, representing approximately 5.7% of its paid-up equity capital.
Yes. Wipro has stated that members of the promoter and promoter group intend to participate.
The final acceptance and rejection details are expected to be communicated by June 23, 2026.
The buyback is intended to return capital to shareholders, improve shareholder value, and demonstrate management confidence in the business.
Wipro shares are down approximately 29% over the last six months and about 32% year-to-date in 2026.
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