Wipro buyback is live! Experts reveal the catch behind the 37% premium – Everything shareholders need to know
Wipro buyback: IT major Wipro’s much-anticipated ₹15,000 crore share buyback opened for shareholders today, offering investors an opportunity to tender shares at ₹250 apiece, a price that is 37% higher than the stock’s prevailing market value.
The buyback will remain open until June 17, during which the IT major plans to repurchase up to 60 crore equity shares, representing around 5.7% of its total paid-up share capital.
