Wipro share hits all-time high after firm inks $700-million deal with Germany s Metro AG
Share of Wipro touched an intraday high of Rs 387.35 rising 6.41% against previous close of Rs 364 on BSE
BusinessToday.In | December 23, 2020 | Updated 15:17 IST
Wipro stock has gained 8% in the last 2 days. The IT stock opened with a gain of 2.79% at Rs 374.15.
Wipro share hit a fresh all-time high today after the firm inked a million-dollar deal with Germany s general store firm, Metro AG. Wipro signed a $700-million deal with the foreign firm that will see over 1,300 staff of the German wholesaler move to the Indian IT company. Share of Wipro touched an intraday high of Rs 387.35 rising 6.41% against previous close of Rs 364 on BSE.
IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021. Last month, shareholders had approved Wipro s buyback plan for purchase of up to 23.75 crore equity shares at Rs 400 per share, aggregating to an amount of up to Rs 9,500 crore. .the company received final comments from the Securities and Exchange Board of India on December 21, 2020, with respect to the Draft Letter of Offer filed by the company for the captioned buyback.the company will dispatch the Letter of Offer to eligible shareholders, Wipro said in a regulatory filing.
Wipro s Rs 9,500-cr buyback offer to open on Dec 29
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Last Updated: Dec 29, 2020, 09:10 AM IST
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The company has set December 11, 2020 as the record date for determining eligibility for the buyback.
Wipro buyback offer of Rs 9,500 crore to open on December 29: Key details
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Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.
Last month, shareholders had approved Wipro s buyback plan for purchase of up to 23.75 crore equity shares at Rs 400 per share, aggregating to an amount of up to Rs 9,500 crore. .the company received final comments from the Securities and Exchange Board of India on December 21, 2020, with respect to the Draft Letter of Offer filed by the company for the captioned buyback.the company will dispatch the Letter of Offer to eligible shareholders, Wipro said in a regulatory filing.
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NEW DELHI: IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.
Last month, shareholders had approved Wipro s buyback plan for purchase of up to 23.75 crore equity shares at Rs 400 per share, aggregating to an amount of up to Rs 9,500 crore. .the company received final comments from the Securities and Exchange Board of India on December 21, 2020, with respect to the Draft Letter of Offer filed by the company for the captioned buyback.the company will dispatch the Letter of Offer to eligible shareholders, Wipro said in a regulatory filing.
Wipro s Rs 9,500-crore Buyback Offer to Open on December 29
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IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021. Last month, shareholders had approved Wipro s buyback plan for purchase of up to 23.75 crore equity shares at Rs 400 per share, aggregating to an amount of up to Rs 9,500 crore. …the company received final comments from the Securities and Exchange Board of India on December 21, 2020, with respect to the Draft Letter of Offer filed by the company for the captioned buyback…the company will dispatch the Letter of Offer to eligible shareholders, Wipro said in a regulatory filing.