Wix Announces Board Authorization of $2 Billion Share Repurchase Program | WIX Stock News

StockTitan
2026.01.28 00:59
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Wix.com Ltd. has authorized a $2 billion share repurchase program for FY2026-2027, reflecting the Board's confidence in the company's cash flow and commitment to shareholder value. The program allows for various repurchase methods and may begin after a 30-day creditor objection period. Funding will come from cash on hand and future operations. The timing and amount of repurchases will depend on market conditions and other factors. Wix is a leading platform for digital presence, founded in 2006, empowering users with advanced tools for online business growth.