Wipro Share Buyback Record Date Announced: IT Giant to Repurchase Rs 15,000 Crore Shares; Check Eligibility

Wipro, one of India's leading information technology (IT) and consulting companies, has announced the record date for its Rs 15,000 crore share buyback program. The Bengaluru-based IT major plans to repurchase shares through the tender offer route, allowing eligible shareholders to tender their holdings at a fixed buyback price.

Wipro Share Buyback Record Date Announced For Rs 15,000 Crore; Check Date, Offer Size, Eligibility and Key Details

The Bengaluru-based IT major has fixed June 5, 2026, as the record date for the buyback. Shareholders whose names appear in the company's records on that date will be eligible to participate in the tender offer. Wipro plans to repurchase up to 60 crore fully paid equity shares at a buyback price of Rs 250 per share.

The buyback will be conducted through the tender offer route, under which eligible shareholders can tender their shares to the company. Acceptance of shares will take place on a proportionate basis depending on total participation in the offer.

Each equity share carries a face value of Rs 2. The company's board had approved the buyback proposal on April 16, 2026. Wipro also confirmed that members of the promoter and promoter group intend to participate in the share repurchase exercise.

Wipro Returns to Buyback Route After Nearly Three Years

This is Wipro's first buyback programme since 2023. In its previous buyback conducted in June 2023, the company repurchased shares worth Rs 12,000 crore at Rs 445 per share. At that time, Wipro bought back around 26.96 crore shares, representing approximately 4.91% of the company's total equity capital.

However, direct comparison between the current and previous buyback prices may not provide a complete picture because Wipro later announced a 1:1 bonus issue in December 2024, which significantly changed the overall shareholding structure.

The latest buyback comes at a time when the Indian IT industry continues to face weaker global technology spending, delayed client decision-making and cautious enterprise budgets.

Wipro shares have fallen nearly 24% so far in 2026 and are down around 17% over the last one year. Despite the broader weakness, the stock closed 1.65% higher at Rs 203.10 on the BSE on May 22.

Wipro Q4 Results FY26 Highlights

Wipro recently reported mixed financial performance for the March quarter of FY26. Consolidated net profit came in at Rs 3,502 crore, slightly lower than the year-ago period, while revenue from operations increased 8% year-on-year to Rs 24,236 crore.

Sequentially, profitability improved due to operational efficiencies and cost optimisation measures.

The company's core IT services segment reported revenue of 2.65 billion dollars during the quarter. Growth remained relatively modest due to continued pressure on global client spending.

At the same time, Wipro reported stronger order bookings, with total deal wins rising to 3.46 billion dollars. Large deal bookings also witnessed a strong sequential jump, offering some positive signals for future business momentum.

For the April-June quarter, Wipro expects IT services revenue to remain broadly stable, with projected revenue guidance between 2,597 million dollars and 2,651 million dollars.

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