Wipro to Explore Share Buyback Proposal on April 16
Detailed Analysis
Wipro Board to Consider Equity Share Buyback Proposal
IT services firm Wipro has announced that its Board of Directors will convene on April 15-16, 2026, to consider a proposal to purchase the company's equity shares. The meeting is scheduled to be held in accordance with applicable regulations.
In a recent stock exchange filing, Wipro stated that the board will also discuss matters related to the proposed share buyback, which will be conducted in compliance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, and other relevant laws. The company will decide on the details of the buyback, including the size, price, and mechanism, during the meeting.
Wipro shares closed at Rs 203.18 per share on the National Stock Exchange (NSE) on Thursday, marking a decline of 0.12 percent in the day's trade.
Share Price Comparison (2026)
| Quarter | Wipro Share Price (Rs) | | --- | --- | | Q1 2026 | 203.18 | | Q2 2025 | 210.50 | | Q1 2025 | 205.10 | | Q4 2024 | 200.30 |
The outcome of the board meeting is still pending, and further details on the proposed buyback will be announced once a decision is made.
Investor Takeaway
Wipro's Board of Directors will consider a share buyback proposal on April 16.
