IT services major Wipro announced its plans to consider a buyback proposal of equity shares from its investors at its upcoming board meeting scheduled for April 16, 2026, according to an exchange filing on Thursday.
“The board of directors of the company will be considering a proposal to buyback equity shares of the company and the matters necessary and incidental thereto, in accordance with the applicable provisions of the Companies Act, 2013, at its meeting scheduled to be held over April 15-16, 2026,” the company informed the stock exchange on April 9.
The IT company announced its plans for the potential buyback proposal, but has not disclosed any details of the offer for investors so far. Wipro will release all the relevant details about the buyback offer after its board meeting on April 16.
“The outcome of the board meeting will be communicated to the stock exchanges soon after conclusion of the Board meeting on April 16, 2026, in accordance with the applicable provisions of the SEBI LODR Regulations,” the company said.
Wipro buyback history
Wipro has a history of giving buybacks to its shareholders, and over the years, from 2016 to 2023, the company has rewarded investors with multiple share buybacks, strengthening the market confidence in the IT stock.
NSE data shows that Wipro carried out its first buyback in May 2016 with a size of ₹2,500 crore at a per share price of ₹625, which was before bonus issues and stock split corporate actions.
In September 2017, Wipro also carried out a ₹11,000 crore buyback via a tender offer at ₹320 per share. The company also did a share repurchase program of ₹10,500 crore in June 2019, at a buyback price of ₹325 per share.
Later in December 2020, the IT major also executed a ₹9,500 crore buyback amid the global pandemic at a share price of ₹400 apiece for stock market investors. Wipro’s largest buyback offer was announced in 2023, where the company rolled out a ₹12,000 crore proposal to repurchase shares at ₹445 per share.
Wipro Q4 results date
On April 8, Wipro also announced that the company will hold its upcoming board meeting on April 16, where the board of directors will consider and approve the financial results for the January to March quarter of the financial year ended 2025-26, according to the NSE filing.
The company disclosed that the quarterly results will be announced after the market operating hours on Thursday, April 16, 2026.
“Wipro Limited will announce results for the fourth quarter ended March 31, 2026, on Thursday, April 16, 2026, after stock market trading hours in India,” the company informed the stock exchange.
Wipro share price
Wipro shares closed 0.12% lower at ₹203.18 after Thursday’s stock market session, compared to ₹203.42 at the previous market close, according to NSE data. The company announced its buyback update after the market operating hours on April 9.
Shares of Wipro have lost 9.7% in five years, but have risen 10.83% in the last three years, according to the exchange data. The company’s stock is down 14% in one year, and has lost 24% on a year-to-date (YTD) basis in 2026.
Wipro stock has gained 2.23% in one month and is trading 4.24% higher over the last five market sessions, NSE data showed.