New Delhi, May 26 -- Wipro share price traded higher on Tuesday, extending its rally for the ninth consecutive session, led by strong gains. The IT stock has rallied more than 11% in these nine sessions.

The rally in Wipro shares comes amid investors' interest over the company's Rs.15,000 crore share buyback programme.

On April 16, the board of directors of Wipro approved the share buyback proposal to repurchase up to 60 crore equity shares, representing 5.72% of its equity, through the 'tender offer' route.

Wipro buyback price has been set at Rs.250 per share, which is at a premium of nearly 21% over Monday's closing price.

Wipro buyback record date is June 5, for determining the eligibility of shareholders. All shareholders who Wipr...