Categories: Business

Wipro Rs 15,000 crore buyback opens – what it means for retail investors

Wipro’s Rs 15,000 crore share buyback is now open, offering shareholders Rs 250 per share, a significant premium over the current market price. The offer, valid until June 17, presents a potential arbitrage opportunity for retail investors. However, analysts suggest limited gains, with acceptance ratios expected around 20%, and caution about risks associated with unaccepted shares.

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