Wix Announces Completion of $300 Million in Share Repurchases
WIXWix(WIX) Prnewswire·2024-02-15 22:00

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it has completed 300millioninsharerepurchases,whichreceivedcourtapprovalinDecember2023andispartoftheauthorizationbyitsBoardofDirectorsapprovedinAugust2023.TheCompanyrepurchased2,401,695outstandingWixordinaryshares,representingapproximately4300 million in share repurchases, which received court approval in December 2023 and is part of the authorization by its Board of Directors approved in August 2023. The Company repurchased 2,401,695 outstanding Wix ordinary shares, representing approximately 4% of total shares outstanding, at an approximate volume-weighted average price per share of 124.91. Pursuant to its Board of Directors' authoriz ...