Wipro bonus share history starts from 1971. It is one of the old companies in India and very successful in the IT Sector. This post provides the Wipro share bonus history, which starts from 1971.
Wipro Share Bonus History
| Year | Bonus Ratio |
|---|---|
| 1971 | 1:3 |
| 1981 | 1:1 |
| 1985 | 1:1 |
| 1987 | 1:1 |
| 1989 | 1:1 |
| 1992 | 1:1 |
| 1995 | 1:1 |
| 1997 | 2:1 |
| 2004 | 2:1 |
| 2005 | 1:1 |
| 2010 | 2:3 |
| 2017 | 1:1 |
| 2019 | 1:3 |
As shown in the above table, Wipro has given its shareholders bonus shares since 1971 in total 13 times. In 1971 it gave bonus shares with a ratio of 1:3 & till year 2000 it gave bonus shares 8 times. And after 2000 it gave bonus shares 5 times. Wipro’s recent bonus share issue was in 2019, with a ratio of 1:3.
About Company
Mohamed Premji founded Wipro on 29 December 1945. After his death, his 21-year-old son took over as chairperson, Azim Premji, in 1966. Wipro is a major Indian multinational corporation providing information technology, consulting, and business process services. Initially, it started as a vegetable oil manufacturer, but Wipro shifted to IT in the 1970s and 1980s.
Its headquartered in Bangalore, India. It provides services including cloud computing, AI, cybersecurity, and digital transformation to clients across various industries.
Wipro is among the top IT services companies globally, with over $11 billion in annual revenues. It is listed on the NYSE and is part of the NIFTY 50 index on the National Stock Exchange of India.
Also Read: Motherson Sumi Bonus History
Frequently Asked Questions
Is Wipro giving bonus shares in 2023?
Wipro has not announced plans to issue bonus shares in 2023 yet. Wipro’s last bonus share issue was in 2019 at a 1:3 ratio.
How many times Wipro gave bonus shares?
Since 1971, Wipro has rewarded shareholders with bonus shares 13 times. The most recent bonus issue was in 2019 at a 1:3 ratio.
What is Wipro bonus Share?
Wipro last issued bonus shares in 2019 at a 1:3 ratio, giving shareholders 3 additional shares for each 1 share held.
When did Wipro issue bonus shares?
Wipro first issued bonus shares in 1971 at a 1:3 ratio. Wipro’s most recent bonus share issue was in 2019, also at a ratio of 1:3.
