Buyback covers four government securities maturing between October 2026 and February 2027, with the auction to be conducted using the multiple-price method
Wipro's near-term revenue trajectory remains challenged with Q1FY27 guidance of -2 per cent to 0 per cent CC QoQ, amid multiple headwinds, say analysts at Mirae Asset Sharekhan.
The buying on the counter came after the company, through a filing, said that its board will consider a buyback in a meeting along with the financial results on Tuesday, May 19, 2026
Falling stock prices and favourable tax changes are bringing share buybacks back into focus as companies look to reward shareholders and signal confidence in valuations
Company to repurchase up to 54.24 lakh shares at Rs 1,475 apiece through tender offer route, with promoters also eligible to participate in the buyback
The US automaker said it expected to repurchase $2 billion of shares by the first half of this year, with the remainder to be bought at any point of the company's choosing