Key facts
- Wipro set June 5 as the record date for its Rs 15,000 crore share buyback.
- Wipro's buyback offers Rs 250 per share, a 22.5% premium.
- Reliance Industries set June 5 as the record date for its Rs 6 per share final dividend.
- June 4 is the last day to buy shares for both Wipro's buyback and Reliance's dividend.
- Wipro's stock has declined 17% year-to-date in 2026.
Wipro has announced a Rs 15,000 crore share buyback, setting June 5 as the record date. Investors must purchase shares by June 4 to be eligible. The buyback price is set at Rs 250 per share, representing a 22.5% premium, with analysts projecting potential short-term returns of 8-14% for retail investors. Concurrently, Reliance Industries has set June 5 as the record date for its final dividend of Rs 6 per share for FY26. The last day to buy shares for Reliance's dividend eligibility is also June 4. Despite these corporate actions, Reliance Industries' stock has fallen 17% year-to-date in 2026.