Wix Announces Completion of $225 Million Share Repurchase Program

PR Newswire05-28

NEW YORK, May 28, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it has completed $225 million in share repurchases, which were part of the authorization by its Board of ...

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(Nasdaq: WIX), today announced that it has completed $225 million in share repurchases, which were part of the authorization by its Board of Directors approved in August 2023.\n\n  \n\nThe Company repurchased 1,676,623 outstanding Wix ordinary shares, representing approximately 3% of total shares outstanding, at an approximate volume-weighted average price per share of $134.20.\nAbout Wix.com Ltd.Wix is the leading SaaS website builder platform globally1 to create, manage and grow a digital presence. What began as a website builder in 2006 is now a complete platform providing users with enterprise-grade performance, security and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, Wix enables users to take full ownership of their brand, their data and their relationships with their customers. 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