Wipro's Board to Consider Share Buyback Proposal on April 16, 2026
Wipro's board to mull buyback plan on 16 April'26
Business Standard
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Wipro's board will meet on April 15-16, 2026, to discuss a potential buyback of equity shares. The IT company will also announce its financial results for Q4 FY26 on April 16, following a slight decline in net profit despite an increase in revenue.
- 01Wipro's board meeting scheduled for April 15-16, 2026, to consider a buyback plan.
- 02Financial results for the fourth quarter ending March 31, 2026, will be announced on April 16.
- 03The company reported a 3.92% decline in consolidated net profit to ₹3,119 crore.
- 04Revenue from operations increased by 3.78% to ₹23,555.8 crore in Q3 FY26 compared to Q2 FY26.
- 05Wipro's share price fell by 0.20% to close at ₹202.90 on the Bombay Stock Exchange.
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Wipro, a leading technology services and consulting company, has announced that its board will meet on April 15-16, 2026, to consider a proposal for the buyback of equity shares. On April 16, the company will also release its financial results for the fourth quarter ending March 31, 2026. In the previous quarter, Wipro reported a 3.92% decline in consolidated net profit, amounting to ₹3,119 crore. This decline occurred despite a 3.78% increase in revenue from operations, which reached ₹23,555.8 crore in Q3 FY26 compared to Q2 FY26. Following this announcement, Wipro's share price fell by 0.20%, closing at ₹202.90 on the Bombay Stock Exchange.
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The potential buyback could signal Wipro's commitment to enhancing shareholder value, which may positively influence investor sentiment and share price stability.
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