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Wipro announces 15000 crore buyback at 250 rupees a share with hefty premium for retail investors

Business
Published on 27 April 2026
Wipro announces 15000 crore buyback at 250 rupees a share with hefty premium for retail investors

The offer price jumps more than 25%—will you get shares

Wipro has announced a Rs 15,000 crore share buyback at Rs 250 per share, set at a premium of over 25% to the previous closing price. Brokerages say retail investors should participate, estimating potential net returns of 8-14% within 2-3 months, supported by traditionally high acceptance ratios in similar buyback offers.

  • Wipro’s buyback is worth Rs 15,000 crore at Rs 250 per share
  • The offer price is over 25% higher than the prior close
  • Brokerages expect 8-14% potential net returns in 2-3 months
  • Past buyback offers suggest high acceptance ratios for investors
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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