Wipro (WIT) Announces 6.2% Equity Share Buyback Plan
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Wipro Announces Buyback Offer
April 22, 2016 12:28 PM EDTBANGALORE, India & EAST BRUNSWICK, N.J.--(BUSINESS WIRE)-- On April 20, 2016, Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company announced that its board of directors (Board) approved a buyback (Buyback) by the Company of up to 40,000,000 (Forty Million Only) fully paid-up equity shares of Rs. 2/- each of the Company (Equity Shares) representing 1.62% of the total paid-up Equity Share capital of the Company at a price of Rs. 625/- (USD$ 9.421) per Equity Share (Buyback Price) payable in cash for an aggregate amount of up to Rs.... More
