Shopify authorized an additional $3 billion in share repurchases, bringing its total buyback authorization to $5 billion.
The e-commerce company said Tuesday the move reflects its confidence in its business and opportunity ahead.
As of June 1, Shopify has repurchased about $1.45 billion under its current authorization. The company said it will continue to execute the program using pre-arranged algorithmic trading guidelines with no set quarterly or annual minimums.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
June 02, 2026 17:15 ET (21:15 GMT)
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