Wipro (WIT) Clarifies on Ex-date for ADR Stock Dividend
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Wipro Clarifies on Ex-date for ADR Stock Dividend
June 12, 2017 1:11 PM EDTEAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)-- In view of todays market activity in the Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) stock, the New York Stock Exchange has contacted the Company in accordance with its usual practice. The Company felt that it was important to clarify to the market that the payable date and ex-dividend date for its ADR (American Depository Receipts) bonus issue, or stock dividend, are yet to be determined.
At NYSE, for ADR stock dividends or bonus issue, the ex-dividend date is set as the... More
