Wipro buyback, June 11 -- IT major Wipro's much-anticipated Rs.15,000 crore share buyback opened for shareholders today, offering investors an opportunity to tender shares at Rs.250 apiece, a price that is 37% higher than the stock's prevailing market value.

The buyback will remain open until June 17, during which the IT major plans to repurchase up to 60 crore equity shares, representing around 5.7% of its total paid-up share capital.

The company had fixed June 5, 2026, as the record date for determining shareholder eligibility. As a result, only investors who held Wipro shares on that date can participate in the buyback. Investors purchasing shares after the record date will not be eligible to tender them under the offer.

* Wipro pla...