WIT WIPRO LTD
Price Chart
Executive Summary
Wipro announced the record date of June 5, 2026 for its previously authorized buyback of up to 60 crore equity shares (aggregate amount up to ₹15,000 crore, ~$1.8B at current rates) at ₹250/share (~$3.00/ADR equivalent) via tender offer. This is a procedural step setting eligibility for the buyback, with no new financial information or change in fundamentals.
Actionable Insight
The buyback record date is administrative and does not alter fundamental value. The tender offer price of ₹250/share (~ADR-equivalent ~$3.00) provides a fixed exit at a premium if the stock trades below that level. Monitor the final acceptance ratio and post-buyback float reduction. Given WIT's weak price momentum and historical pattern of neutral reports not moving the stock, no trade catalyst here.
Key Facts
- Record date for buyback tender offer: June 5, 2026
- Buyback up to 600,000,000 equity shares (60 crore shares) of face value ₹2 each
- Buyback price: ₹250 per share (tender offer basis)
- Maximum aggregate consideration: up to ₹15,000 crore (₹1,50,00,00,00,000)
- Board approved buyback on April 16, 2026, shareholders approved on May 21, 2026
- Buyback is on a proportionate basis through tender offer
- Historical calibration shows prior WIT reports have 0% T+20 win rate (n=6) with -9.9% avg P&L — neutral score consistent with prior pattern of low impact
Financial Impact
Buyback aggregating up to ₹15,000 crore (~$1.8B) at ₹250/share — represents ~8.7% of current market cap (~$20.7B) maximum total consideration; actual shares tendered may be less
Risk Factors
- Buyback may be undersubscribed if market price is above tender price
- Acceptance ratio may be low if retail participation is high, reducing per-share benefit
- Tender offer process ties up capital for shareholders who tender
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-236821 |
| Document: d103999dex991.htm | 0001193125-26-236821 |
| Document: 0001193125-26-236821-index-headers.html | 0001193125-26-236821 |
| Document: 0001193125-26-236821-index.html | 0001193125-26-236821 |
| Document: 0001193125-26-236821.txt | 0001193125-26-236821 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
6-K
| $2.15 awaiting T+1 | awaiting T+1 | — | $2.18 (+1.40%) |
|
Jun 2, 2026
7d ago
|
20-F
| $2.13 $2.07 | ▼ −2.82% | ▼ −3.22% | $2.18 (+2.35%) |
|
May 22, 2026
18d ago
|
6-K
| $2.06 $2.05 | ▼ −0.49% | ▼ −0.44% | $2.18 (+5.83%) |
|
Apr 22, 2026
6w ago
|
6-K
| $2.03 $2.04 | ▲ +0.49% | ▼ −0.29% | $2.18 (+7.39%) |
|
Apr 21, 2026
7w ago
|
6-K
| $2.11 $2.03 | ▼ −3.79% | ▼ −3.40% | $2.18 (+3.32%) |
|
Apr 17, 2026
7w ago
|
6-K
| $2.14 $2.13 | ▼ −0.47% | ▲ +0.19% | $2.18 (+1.87%) |
|
Apr 17, 2026
7w ago
|
6-K
| $2.19 $2.14 | ▼ −2.28% | ▼ −2.09% | $2.18 (−0.46%) |
|
Apr 8, 2026
8w ago
|
6-K
| $2.26 $2.17 | ▼ −3.98% | ▼ −3.92% | $2.18 (−3.54%) |
|
Apr 6, 2026
9w ago
|
6-K
| $2.25 $2.25 | · 0.00% | ▼ −2.54% | $2.18 (−3.11%) |
US Market Status
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