Wipro Issues Final Public Notice for $1.63 Billion Share Buyback Program
WIT sits 17% above its 52-week low of $1.8.
Summary
Wipro has issued the final public notice for its $1.63 billion share buyback program, confirming the tendering schedule and entitlement ratios for shareholders.
Key Events · Financing and Capital Events · WIT
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Formal Public Notice Issued
Wipro has placed the "Notice to Eligible Shareholders" in Indian newspapers, marking the final public communication for the buyback.
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Buyback Schedule Confirmed
The notice confirms the buyback will open on June 11, 2026, and close on June 24, 2026, providing a clear timeline for shareholder participation.
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Entitlement Ratios Detailed
The filing specifies the ratio of shares eligible for buyback for different shareholder categories, including 18 shares for every 56 held by small shareholders.
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Follows Prior Approvals
This notice follows the board and shareholder approvals, record date setting, and the issuance of the Letter of Offer for the substantial buyback program.
Analysis · WIT · Technology
This filing provides the formal public notice in Indian newspapers for Wipro's previously announced $1.63 billion share buyback program. It confirms the opening and closing dates for tendering shares and details the entitlement ratios for eligible shareholders. This is a critical, actionable update for investors wishing to participate in the significant buyback, which aims to return capital to shareholders.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1666 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WIT was trading at $2.10 on NYSE in the Technology sector, with a market capitalization of approximately $20B. The 52-week trading range was $1.80 to $3.13. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.