Stocks

Wipro to turn ex-date for share buyback

| Updated on June 18, 2019 Published on June 19, 2019

 

Shares of Wipro will turn ex-date for the proposed ₹10,500-crore buyback on Thursday. Wipro plans to buy back up to 32.3 crore shares, representing 5.35 per cent of its total paid-up equity capital, at ₹325 a share. The IT major has fixed June 21 as the record date to identify eligible shareholders to participate in the share buyback. Shareholders wishing to participate in the buyback offer need to have Wipro’s shares in their accounts by Wednesday.

Published on June 19, 2019
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