Shares of IT major Wipro are in focus today as the company has set the record date to determine shareholders’ eligibility to participate in its biggest-ever buyback. Amid this, the stock opened gap up today. The scrip opened at Rs 207.35, a gain of 2.09 per cent or Rs 4.25 from the previous close of Rs 203.10 on the BSE. However, the stock witnessed profit-booking and fell to a low of Rs 204.10. Last seen, the stock was trading at Rs 207.15 with a gain of Rs 4.05 or 1.99 per cent. The market cap of the company stood at Rs 2,17,918.01 crore. The stock has a 52-week high of Rs 273.15, touched on December 22, 2025, and a 52-week low of Rs 186.50.
The stock opened at Rs 207 on the National Stock Exchange (NSE) and later touched the highs and lows of Rs 208.10 and Rs 204.06, respectively.
Wipro Share Buyback
The board of directors of the company has approved a mega Rs 15,000 crore share repurchase programme, proposing to buy back more than 5 per cent of its equity. This is up to 60 crore shares, and the company will buy them from shareholders at Rs 250 per share with a face value of Rs 2 each on a proportionate basis through the tender offer process.
Wipro Share Buyback Record Date
The company has informed exchanges that it has fixed June 5, 2206, as the record date for determining the entitlement and the names of equity shareholders eligible to participate in the buyback.
