Wix.com (WIX) said its Board has authorized an increase to its program to repurchase the company's securities by an additional amount of $200 million. Together with the previously authorized $400 million out of which $100 million has been utilized, the aggregate amount available under the repurchase program will be up to $500 million. Since the beginning of 2025, the company has repurchased $300 million of ordinary shares.
Under the Board authorized repurchase program, company securities may be repurchased from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.