Wipro Completes Buyback, Extinguishes 60 Crore Equity Shares
Wipro Limited has announced the completion of its equity share buyback program, resulting in the extinguishment of 60,00,00,000 (Sixty Crore) equity shares. The buyback process, initiated following a public announcement on May 22, 2026, and a letter of offer on June 9, 2026, saw its tendering period open on June 11, 2026, and close on June 17, 2026. The extinguishment, certified on June 30, 2026, reduces the company's total equity share capital from 10,50,35,49,797 shares to 9,90,35,49,797 shares. This action is in compliance with SEBI (Buy-Back of Securities) Regulations, 2018. The post-buyback shareholding pattern has also been disclosed, showing shifts in percentages across various shareholder categories.
Key Highlights
- Wipro extinguished 60 crore equity shares as part of its buyback program.
- The buyback reduced total equity shares from 10.5 billion to 9.9 billion.
- Extinguishment completed in compliance with SEBI Buyback Regulations.
- Shareholding patterns have been updated post-buyback.
- The buyback process concluded by June 17, 2026.
Price Impact
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