Wipro, a leading IT services company in India, has announced a ₹15,000 crore ($1.8 billion USD) share buyback at a fixed price of ₹250 per share, representing a 19% premium over its previous closing price of ₹210.20 on the Bombay Stock Exchange (BSE). The buyback plan, which requires shareholder approval, includes the intention of the promoters and promoter group to participate. This may impact the entitlement ratio for retail investors, as seen in Wipro's previous buyback where the retail entitlement ratio was 23.4% compared to 4.3% for other shareholders. As of December 31, 2025, promoters held 73% of Wipro's equity, with billionaire Azim Premji being the largest individual stakeholder. Analysts at Nomura noted that Wipro's total capital return to shareholders, including an interim dividend of ₹11 per share, stands at nearly 88% over the past three years, aligning it with larger Indian peers. Following the buyback announcement, brokerage firms have raised Wipro's earnings per share (EPS) estimates by 1-2%, anticipating mid-single-digit EPS growth assuming full execution of the buyback.