Wix expects to buy back 18.7 million shares at $92, costing $1.722 billion

Reuters04-02 19:04

Wix expects to buy back 18.7 million shares at $92, costing $1.722 billion

Wix reported preliminary results for modified Dutch auction tender offer that expired April 1, 2026.
Equiniti count showed 18,718,009 ordinary shares were tendered at or below USD 92.00 per share.
Wix expects to accept all 18,718,009 shares at USD 92.00, implying aggregate cost of about USD 1.722 billion.
Shares to be repurchased represent about 31.6% of outstanding shares as of April 1, 2026.
Final share count and purchase price remain subject to confirmation following guaranteed delivery period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wix.com Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604020700PRIMZONEFULLFEED1001173905) on April 02, 2026, and is solely responsible for the information contained therein.

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