India, Jan. 18 -- IT services major Wipro on Saturday said it has completed its Rs 9,500-crore share buyback programme.
The buyback saw Azim Premji-affiliated entities tendering 22.89 crore shares worth about Rs 9,156 crore during the process, a regulatory filing said.
"(A total of) 23.75 crore equity shares were bought back under the buyback at a price of Rs 400 per equity share...The total amount utilized in the buyback is Rs 9,500 crore," it added.
The tendering period for the buyback programme opened on December 29, 2020 and closed on January 11, 2021.
While Azim Premji Trust tendered 19.87 crore shares, Mr Azim Hasham Premji Partner Representing Hasham Traders tendered 1 crore shares and Azim Premji Philanthropic Initiatives tender...