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The board of IT services company today approved a buyback proposal worth 9,500 crore. Wipro plans to purchase of 23.75 crore shares at 400 per equity share for an aggregate amount not exceeding .9,500 crore, in accordance with the provisions contained in the Securities and Exchange Board of lndia regulations. This represents 4.16% of total paid-up equity share capital of the company as on September 30.
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