Wipro shares see 9-day rally: Here we decode why

Wipro's Rs 15,000 crore share buyback at 23% premium: Should you buy before record date?

Wipro has announced a Rs 15,000 crore share buyback at Rs 250 per share (23% premium), with June 5 as record date, targeting up to 60 crore shares (5.7% of paid-up capital) via tender route. Retail investors with small holdings face an estimated 50–60% acceptance ratio, making this a tactical short-term play with 11–13% pre-tax return potential rather than a structural signal on Wipro's IT business outlook.