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