Wipro Said Shareholders Approved Buyback Of Shares
Portfolio Pulse from Charles Gross
Wipro shareholders have approved a buyback of shares, potentially increasing the stock's value.
June 02, 2023 | 10:55 am
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Wipro's share buyback approval may lead to an increase in the stock's value.
Share buybacks typically lead to a reduction in the number of outstanding shares, which can increase the stock's value. As Wipro's shareholders have approved the buyback, it is likely that the stock's value will increase in the short term.
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