Business Standard

Wipro board to consider equity share buyback proposal on April 16

This will be the third such buyback by the Bengaluru-headquartered firm

Wipro
Premium

Representative Image

Debasis Mohapatra Bengaluru
Information technology (IT) major Wipro on Wednesday said it would consider a buyback proposal in its next board meet scheduled on April 16. If the proposal is approved, this will be the third such buyback by the Bengaluru-headquartered firm.

“The board will consider a proposal for buyback of equity shares of the company at its meeting scheduled to be held on April 16, 2019,” the company said in an exchange filing.

Earlier, in an order dated February 15, market regulator Securities and Exchange Board of India (Sebi) had given its go ahead to Wipro for its proposed buyback plan. The IT services

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in