Wipro announces ₹15,000 crore share buyback, offers 19% premium

Wipro announces ₹15,000 crore share buyback, offers 19% premium


Wipro had issued letter of intent to graduates in May last year, confirming their selection


Wipro today announced a share buyback worth ₹15,000 crore, its first in three years and the largest ever, as the company looks to boost its share price and also reward shareholders.

 


The company is buying back 60 crore equity shares, which represent 5.7 per cent of the total paid-up equity share capital, at an offer price of ₹250. That is a premium of 19 per cent to Thursday’s closing price on the BSE at ₹210.

 


“Our endeavour has always been to return a substantial portion of the cash generated to our shareholders and for FY26 alone, we distributed $1.3 billion of cash in the form of dividends, taking our total payout ratio for the three-year block ending FY26 to 88 per cent, which is significantly higher than our stated capital allocation policy,” chief financial officer Aparna Iyer said.

 
 


India’s fourth-largest IT services provider’s shares have dropped nearly 21 per cent in the last three months, in line with its peers, as investors remained worried about the impact of artificial intelligence on the future of services companies. The macro uncertainties and war have not helped either, as earnings forecasts have become bleak.

 


Bengaluru-based Wipro also said members of the promoter and promoter group have indicated their intention to take part in the repurchase programme. Wipro did a ₹12,000 crore buyback in June 2023.

 


 

 

 

Proposed

 

Offer Open

Offer Close

Buy Back Price(Rs.)

Shares (In Mn)

% stake

Amount (Rs Crore)

Aggregate Amount Utilised (Rs.Cr)

Jun 17, 2016

Jun 30, 2016

625

40.0

1.62

2500

2500

Nov 29, 2017

Dec 13, 2017

320

343.8

7.06

11000

11000

Aug 14, 2019

Aug 28, 2019

325

323.1

5.35

10500

10500

Dec 29, 2020

Jan 11, 2021

400

237.5

4.16

9500

9500

Jun 22, 2023

Jun 30, 2023

445

269.7

4.91

12000

12000


Source Capitaline 
Compiled by BS Research Bureau

First Published: Apr 16 2026 | 7:33 PM IST



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पाकिस्तान के खाली खजाने में आई जान, PAK सेंट्रल बैंक की इस बात से झूम उठेगी ‘कंगाल’ आवाम

पाकिस्तान के खाली खजाने में आई जान, PAK सेंट्रल बैंक की इस बात से झूम उठेगी ‘कंगाल’ आवाम


Pakistan Saudi Arab News: आखिरकार वो दिन आ गया, जिसका इंतजार पाकिस्तान कई दिनों से कर रहा था. पाकिस्तान के सेंट्रल बैंक ने गुरुवार को इस बात की पुष्टि की है कि उसे सऊदी अरब से दो अरब अमेरिकी डॉलर मिल गए हैं. यह रकम उस तीन अरब डॉलर की सहायता का ही हिस्सा है, जिसकी घोषणा पाकिस्तान के वित्त मंत्री मुहम्मद औरंगजेब ने एक दिन पहले की थी. सऊदी अरब से मिली ये रकम पाकिस्तान के असंतुलित विदेशी मुद्रा भंडार के लिए एक बड़ी राहत बनकर आई है.

पाकिस्तान के लिए सऊदी बना संकट मोचक

दरअसल आर्थिक तंगी और गिरते विदेशी मुद्रा भंडार से जूझ रहे पाकिस्तान के लिए सऊदी अरब एक बार फिर ‘संकटमोचक’ बनकर उभरा है. यह वित्तीय सहायता ऐसे महत्वपूर्ण समय पर आई है जब पाकिस्तान पर विदेशी कर्जों की अदायगी का भारी दबाव है. वित्त मंत्री मुहम्मद औरंगजेब ने इस मदद का स्वागत करते हुए इसे देश की स्थिरता के लिए आवश्यक बताया है.

हाल ही में सऊदी गए थे पीएम शरीफ

प्रधानमंत्री शहबाज शरीफ की हालिया सऊदी अरब यात्रा के दौरान इस सहायता को अंतिम रूप दिया गया. सऊदी अरब ने न केवल यह नई राशि प्रदान की है, बल्कि पाकिस्तान के लिए अपनी 5 अरब डॉलर की पुरानी जमा सुविधा को भी अगले तीन सालों के लिए बढ़ा दिया है. इसके साथ ही सऊदी अरब अब पाकिस्तान के केंद्रीय बैंक में कुल 8 अरब डॉलर की राशि रखने वाला सबसे बड़ा निवेशक देश बन गया है.

यह वित्तीय मदद पाकिस्तान के लिए एक बड़ी राहत है, क्योंकि उसे इसी महीने संयुक्त अरब अमीरात (UAE) को 3.5 अरब डॉलर का कर्ज चुकाना है. 

पाकिस्तान के विदेशी मुद्रा भंडार को मिलेगी मजबूती- विशेषज्ञ

विशेषज्ञों का मानना है कि सऊदी अरब से मिले इस फंड से पाकिस्तान के विदेशी मुद्रा भंडार को मजबूती मिलेगी और अंतरराष्ट्रीय बाजार में उसकी साख को कुछ हद तक सहारा मिलेगा. प्रधानमंत्री शहबाज शरीफ ने इसे पाकिस्तान की बाहरी वित्तीय जरूरतों को पूरा करने की दिशा में एक बड़ा कदम बताया है.

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चीन की चाल से ट्रंप को लगेगा झटका, सब लड़ते रहे… ड्रैगन ने GDP ग्रोथ से दुनिया को चौंकाया



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Is Rohit Sharma playing MI vs PBKS IPL 2026 game? Know as PBKS wins toss and bowls first; Check Playing XIs as MI drops Boult

Is Rohit Sharma playing MI vs PBKS IPL 2026 game? Know as PBKS wins toss and bowls first; Check Playing XIs as MI drops Boult


The high-stakes clash between Mumbai Indians (MI) and Punjab Kings (PBKS) has taken an unexpected turn at the toss, as former captain Rohit Sharma has been omitted from the MI Playing XI. In what is being described as a do or die encounter for the Mumbai franchise, Punjab Kings skipper Shreyas Iyer won the toss and elected to field first, citing the potential impact of dew later in the evening.

The Rohit Sharma Absence and MI Tactical Shift

The biggest talking point of the evening is the absence of Rohit Sharma. While speculation regarding his hamstring injury had been circulating, his exclusion from the lineup for such a critical match confirms the severity of his physical condition. In his stead, Mumbai has shuffled their top order, bringing back Quinton de Kock to open the innings alongside Ryan Rickelton.

Hardik Pandya, leadng the MI side, addressed the team’s struggles and the need to capitalize on pivotal moments. Speaking at the toss, Pandya remarked, “We’re going to look to bowl first as well, but yeah, it’s a good toss to lose. Yes, time to play some good cricket, time to get that W win. So yes, I think we played decent cricket. It’s just that in a couple of overs, we are not able to capitalise and we are, you know, kind of losing those big moments. And just going to speak about that and just make sure that in this game, we come out there and make sure that with little matters, we keep winning it.”


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Pandya also expressed concerns regarding the bowling unit’s discipline, adding, “Yeah, in the bowling department, a few big overs, which have had to be curtailed. Yes, I think last game we went for 420 plus over. I think any point of time in T20 cricket, that’s not acceptable. So as a group, we are aware, as a group, we are aware that what is required for us to kind of contain that, those overs and not let them slide away and have them big overs. And yeah, we have spoken about it. We have kind of planned about it. Let’s see how it goes today.”

Regarding the injury plague hitting the squad, he confirmed, “Yeah, Ro is out from the last game. He’s going to take a couple of games for him to see how exactly where he is. And Mitchell is unwell as well. So Mitchell Sandler also is not available. So yeah, we’ve got a couple of changes. Quinny comes back and we have a debutant, Mayank Rawat.”

Punjab Kings Aim for Momentum

On the other side, Shreyas Iyer is looking to maintain the rhythm that has seen Punjab enjoy a strong start to the season. Explaining his decision to bowl, Iyer stated, “We are going to bowl first. Yeah, so far so good. I think we’ve got a brilliant start in the IPL. That’s what any captain desires to have, especially at the start of the season and our combination has been splendid throughout the season. So I feel that we just have to create the rhythm and maintain the momentum. I just ask everyone from the team that they should stick to the present and see to it that they are intent and they are proactive throughout. You know, it’s easy to get complacent at times, but this game, it is a fast-paced game and you have to be in the game, in your zone throughout. So that’s what I keep telling them every now and then. Looks a bit dry, but I interacted with a few of the players. They said that with the dew coming in, it gets better and better. So based on that, I took that decision. We’re going with the same team.”

Confirmed Playing XIs

Mumbai Indians: Quinton de Kock (wk), Ryan Rickelton, Tilak Varma, Suryakumar Yadav, Hardik Pandya (c), Sherfane Rutherford, Naman Dhir, Mayank Rawat, Shardul Thakur, Deepak Chahar, Jasprit Bumrah.

Punjab Kings: Going with an unchanged XI to maintain their winning combination.

As MI fights for survival without their most experienced campaigner, all eyes will be on debutant Mayank Rawat and the returning Quinton de Kock to see if they can fill the massive void left by Rohit Sharma.

Punjab Kings (Playing XI): Prabhsimran Singh(w), Priyansh Arya, Shreyas Iyer(c), Cooper Connolly, Shashank Singh, Marcus Stoinis, Marco Jansen, Xavier Bartlett, Vijaykumar Vyshak, Arshdeep Singh, Yuzvendra Chahal



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चीन की चाल से ट्रंप को लगेगा झटका, सब लड़ते रहे… ड्रैगन ने GDP ग्रोथ से दुनिया को चौंकाया

चीन की चाल से ट्रंप को लगेगा झटका, सब लड़ते रहे… ड्रैगन ने GDP ग्रोथ से दुनिया को चौंकाया


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Key points generated by AI, verified by newsroom

  • चीन की अर्थव्यवस्था ने उम्मीद से बढ़कर 5% की वृद्धि दर्ज की।
  • मैन्युफैक्चरिंग सेक्टर और निर्यात ने इस वृद्धि में महत्वपूर्ण भूमिका निभाई।
  • मध्य पूर्व तनाव और ट्रंप के टैरिफ के बावजूद अर्थव्यवस्था मजबूत रही।
  • विश्लेषकों का मानना है कि भविष्य में आर्थिक रफ्तार थोड़ी धीमी हो सकती है।

China GDP Growth: मिडिल ईस्ट में जारी तनाव से एक ओर तो कई देशों पर दबाव देखने को मिल रहा हैं, वहीं दूसरी ओर पड़ोसी देश चीन के हालात कुछ और ही कहानी बयां कर रहे हैं. वैश्विक अनिश्चितता के बीच भी चीन की अर्थव्यवस्था ने साल के पहले तीन महीनों में उम्मीद से बेहतर प्रदर्शन किया है.

ऑफिशियल आंकड़ों के मुताबिक इस दौरान चीन की जीडीपी सालाना आधार पर 5 फीसदी बढ़ी है. विशेषज्ञों ने इसके लिए करीब 4.8 फीसदी रहने का अनुमान जताया था. ये मजबूत आंकड़े ऐसे समय में आए हैं जब यूएस-ईरान के बीच तनाव की स्थिति बनी हुई है.

चीन की अर्थव्यवस्था में सुधार के संकेत

बीजिंग ने हाल ही में अपने सालाना जीडीपी का लक्ष्य घटाकर 4.5 फीसदी से 5 फीसदी के बीच तय किया है. जो 1991 के बाद सबसे कम माना जा रहा है. हालांकि, पिछली तिमाही के 4.5 फीसदी की तुलना में कुछ सुधार जरूर देखने को मिल रहा है.  

विशेषज्ञ की राय

Brookings Institution के एनालिस्ट Kyle Chan का मानना है कि, देश के लिए कार और दूसरे निर्यात के आंकड़े इस बार सबसे मजबूत पहलू बने हैं. इस ग्रोथ में मैन्युफैक्चरिंग सेक्टर की अहम भूमिका रही है. लेकिन प्रॉपर्टी सेक्टर में अब भी दबाव देखने को मिल रहा है. 

Kyle Chan ने ईरान युद्ध और इसके असर पर भी अपनी बात रखी हैं. उनके अनुसार, इस टकराव का असर आने वाले तिमाही नतीजों की जीडीपी पर दिख सकता है. साथ ही उन्होंने अर्थव्यवस्था की रफ्तार थोड़ी धीमी होने की बात भी कही हैं. 

ट्रंप टैरिफ को लगा झटका

अमेरिका की ओर से चीन के ज्यादातर सामानों पर फिलहाल 10 फीसदी टैरिफ लगा हुआ है. इसके बावजूद भी चीन की अर्थव्यवस्था ने उम्मीद से बेहतर प्रदर्शन किया है.

मजबूत जीडीपी ग्रोथ के ये आंकड़े डोनाल्ड ट्रंप के लिए चिंता का कारण बन सकते हैं. टैरिफ के दबाव के बाद भी चीन की आर्थिक रफ्तार में आई तेजी देश के मैन्युफैक्चरिंग सेक्टर ग्रोथ को दिखाता है.   

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Wipro unveils Rs 15,000-cr buyback via tender route: Should you go for it?

Wipro unveils Rs 15,000-cr buyback via tender route: Should you go for it?



Wipro announced Rs 15,000 crore buyback via the tender offer route while announcing its results for the quarter-ended March 2026 (Q4FY26). The company has proposed to buy back 5.7 per cent of the total paid-up equity share capital of the company, or up to 60 crore shares, from shareholders at Rs 250 per share. 

 


The buyback price is 19 per cent higher than the stock’s closing price on Thursday’s of Rs 210.15 per share on the NSE. 

 

“The proposal to buy back up to 60,00,00,000 (Sixty Crore Only) fully paid-up equity shares of ₹ 2/- (Rupees Two only), being 5.7 per cent of the total paid-up equity share capital, for an aggregate amount not exceeding ₹ 1,50,00,00,00,000/- (Rupees Fifteen Thousand Crore only) (hereinafter referred to as the “Buyback Size”), at a price of ₹ 250/- (Rupees Two Hundred and Fifty only) per equity share (hereinafter the “Buyback Price” and such buyback, the “Buyback”),” the company said it a release on Thursday. 

 

 


The buyback, Wipro said, is proposed to be made from the existing shareholders of the Company (including persons who become shareholders by cancelling American Depository Receipts (ADRs) and receiving underlying equity shares) as on the record date on a proportionate basis under the tender offer route in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (“Buyback Regulations”) and the Companies Act, 2013 and rules.

 


Stock strategy: Wipro

 


Analysts suggest eligible investors should tender their shares in the buyback offer in the backdrop of the current market set up and how artificial intelligence (AI) is shaping the information technology (IT) landscape.

 


“Investors should tender their shares. The overall market sentiment is volatile. IT stocks may also remain under pressure in the backdrop of conflict in West Asia and the trade deal with the US. The buyback has given a good exit route to investors,” said G Chokkalingam, founder and head of research at Equinomics Research. 

 

Thus far in calendar year 2026 (CY26), most IT stocks have underperformed the frontline indices. The Nifty IT index has tanked 16 per cent in CY26 as compared to a 7.4 per cent fall in the Nifty 50 in CY26 till April 16.  

 


Stocks of LTM, Coforge, Wipro, Infosys and TCs have been the worst performers at the bourses, falling up to 22 per cent during this period, ACE Equity data shows.

 


Over the next two quarters, Ambareesh Baliga, an independent market analyst expects fortunes of Indian IT companies to remain under pressure amid AI-related developments. The tender offer, he too believes, is a good opportunity for shareholders to exit the stock.

 


“What a lot of Indian companies are doing now can/may be done using AI going ahead. So in that context, there will be operational and pricing pressure, which will show up in the finances of these companies. Order wins and deliveries, too, will face a challenging time going ahead. They will be hard-pressed to deliver. The buyback via a tender route at the proposed price of Rs 250 apiece gives shareholders a good exit route,” he said.



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