Wipro share buyback window opens:Chance for common man to get 40% return by selling company’s shares

Indian IT giant Wipro has started its massive share buyback plan worth ₹15,000 crore. The buyback opened on June 11, 2026, and will close on June 17, 2026. The company is offering to buy back its own shares from investors at a fixed price of ₹250 per share which will be at around 40% premium to the current share price of ₹178 apiece. This gives a chance to the common man to get around 40% return on investments made in the IT services company. What is a Share Buyback? A share buyback is when a company uses its own cash to buy back its shares from the public. Think of it like a shopkeeper buying back a few tokens they previously sold to customers. Once the company buys these shares, they cancel them forever. How Does it Benefit Companies? Shows Strength: It shows that the company has a lot of extra cash and is confident about its future. Boosts Share Value: Since the total number of shares in the market goes down, each remaining share becomes more valuable. This helps increase the company’s Earnings Per Share (EPS). Share Price Performance Wipro’s stock has seen a lot of movement recently. While the company is offering ₹250 in the buyback, the current market price is hovering around ₹178 to ₹180. Here is how the stock has performed over different periods: How can a common man participate? If you own Wipro shares, you can easily participate through your standard trading app (like Zerodha, Groww, or Upstox). However, there is a catch. To apply, you must have already owned the shares in your Demat account by June 5, 2026 (the Record Date). If you qualified, look for the “Buyback” or “Corporate Actions” section in your stock broker’s app, select Wipro, enter the number of shares you want to sell, and submit your request before June 17.