New Delhi, May 29 -- India Inc's buyback frenzy has hit a three-year high already. Twenty-two companies have announced buybacks in 2026 so far, with as many as 10 companies unveiling such offers in the last two months alone. Analysts say firms are leveraging favourable tax changes and strong balance sheets to return capital to shareholders even as geopolitical tensions keep markets volatile.

Data shows that these companies have announced buyback of shares worth Rs.25,000 crore, the highest since 2023, when the figure stood at Rs.48,452.32 crore. In 2025, it was Rs.19,175 crore and in 2024 at Rs.13,539 crore.

The biggest offer this year so far is from IT major Wipro at Rs.15,000 crore. The company recently announced the buyback record da...