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Wipro OKs share buyback of INR 150 billion at 19% premium to Thursday's close
This story was originally published at 19:22 IST on 16 April 2026
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--Wipro to buy back shares worth INR 150 bln at INR 250 per share
MUMBAI – Information technology major Wipro Ltd. said its board has approved a share buyback of INR 150 billion at INR 250 per share, or a premium of 19% to the share's closing price Thursday. The board approved buying back up to 600 million shares of face value INR 2, or 5.7% of the total number of equity shares.
For the March quarter, on a consolidated basis, Wipro reported a net profit of INR 35.02 billion on revenues of INR 242.36 billion. Its shares closed slightly higher at INR 210.26 on the National Stock Exchange. End
Reported by Anand JC
Edited by Rajeev Pai
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