Wipro to consider share buyback on April 16 board meet
Wipro, a top IT company, plans to announce a buyback of equity shares at a board meeting on April 15-16. The decision, along with fourth-quarter results, will be revealed to the public and investors on April 16. This will be Wipro's sixth buyback in 10 years, aimed at boosting EPS and return ratios. The buyback could improve investor sentiment and stabilize the company's declining stock price.