Wipro sets Dec 11 as record date for share buyback

New Delhi: IT services firm Wipro on Wednesday said it has fixed December 11 as the record date for its up to ₹9,500 crore share buyback programme.

“…the company has fixed Friday, December 11, 2020, as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback,” Wipro said in a regulatory filing.

Its Board of Directors and shareholders have already approved its proposal to buyback up to 23,75,00,000 equity shares of the company at ₹400 per share, it added.