Wipro Limited is trading 4.4% up at $2.25 as investors react to its recently opened ₹15,000-crore share buyback program.
- The buyback, which commenced on June 11, 2026, aims to repurchase up to 600 million shares, representing approximately 5.72% of the company's equity.
- Shares are being repurchased at a premium price to return surplus cash to shareholders, a move that is supporting sentiment as broader markets also trend moderately higher.