Wipro has finalized its share buyback program, extinguishing 60 crore shares. This reduces the total equity share capital and impacts promoter holdings. The company confirmed compliance with SEBI regulations.

Wipro Completes Share Buyback Program

Key Highlights: Wipro has successfully concluded its share buyback program, formally extinguishing 60,00,00,000 equity shares. This action reduces the company's total issued share capital.

Share Capital Reduction: Prior to the buyback, Wipro had 10,50,35,49,797 equity shares outstanding. Following the extinguishment of 60,00,00,000 shares, the post-buyback count stands at 9,90,35,49,797 equity shares.

Shareholding Impact: The buyback has led to a reduction in shares held by the Promoter & Promoter Group. Their holdings decreased from 7,61,68,40,898 shares pre-buyback to 7,18,87,95,772 shares post-buyback.

Corporate Action Details: The buyback, conducted under SEBI (Buy-Back of Securities) Regulations, 2018, saw its tendering period run from June 11, 2026, to June 17, 2026. The depository confirmed the completion of the extinguishment process on June 25, 2026.

Share Allotments: Wipro also noted adjustments for shares allotted to employees upon exercise of stock options. On June 9, 2026, and June 19, 2026, 7,41,918 and 5,37,492 equity shares were respectively allotted after the Letter of Offer dispatch.

Reader Takeaway: Buyback complete with reduced share count, promoter holdings adjusted. Increased EPS potential.