Wix.com Ltd. has approved a two-year share repurchase program for fiscal years 2026 and 2027, allowing the company to buy back up to $2 billion of its securities. The repurchases may start after a 30-day objection period under Israeli regulations. Funding will come from cash on hand, future cash flows, or capital raised through debt, equity, or equity-linked securities. In pre-market trading, WIX stock was up 4.83% at $92.21 on the Nasdaq.

Read more at Nasdaq: Wix Approves $2 Bln Share Repurchase Program For FY26-27