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.
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.
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
Investment Themes
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 | ||||
|---|---|---|---|---|---|
Jul 20, 2026 10w ago | 6-K | $1.85 $1.91 | ▲ +3.24% | ▼ −0.88% | $1.72 (−7.03%) |
Jul 20, 2026 10w ago | 6-K | $1.85 $1.91 | ▲ +3.24% | ▼ −0.88% | $1.72 (−7.03%) |
Jul 2, 2026 13w ago | 6-K | $1.89 $1.95 | ▲ +3.17% | ▲ +3.59% | $1.72 (−8.99%) |
Jun 26, 2026 14w ago | 6-K | $2.17 $1.87 | ▼ −13.82% | ▼ −13.55% | $1.72 (−20.74%) |
Jun 25, 2026 14w ago | 6-K | $2.19 $1.78 | ▼ −18.72% | ▼ −19.25% | $1.72 (−21.46%) |
Jun 25, 2026 14w ago | 6-K | $2.19 $1.78 | ▼ −18.72% | ▼ −19.25% | $1.72 (−21.46%) |
Jun 25, 2026 14w ago | 6-K | $2.19 $1.78 | ▼ −18.72% | ▼ −19.25% | $1.72 (−21.46%) |
Jun 11, 2026 16w ago | Institutional Cluster | $2.15 $1.85 | ▼ −13.95% | ▼ −15.84% | $1.72 (−20.00%) |
Jun 9, 2026 16w ago | 6-K | $2.10 $1.85 | ▼ −11.90% | ▼ −15.53% | $1.72 (−18.10%) |
Jun 2, 2026 17w ago | 20-F | $2.13 $1.89 | ▼ −11.27% | ▼ −10.27% | $1.72 (−19.25%) |
US Market Status
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