Wiley (WLY) on Wednesday announced that it has boosted its fiscal 2026 share repurchase allocation to $100 million, up from $60 million in fiscal 2025 and $45 million in fiscal 2024.
Wiley has already executed about $35 million of this allocation in the first half, with an objective of executing $65 million through the rest of the fiscal year ending April 30, 2026.
In the first half, the company raised its quarterly dividend for the 32nd consecutive year and announced that its Board of Directors had approved a $250 million share repurchase authorization, an increase from its prior authorization of $200 million.
"Our confidence in our long-term growth trajectory has only intensified as we see record global demand to publish and license in Research and expanding use of our authoritative content in LLM models and corporate AI applications," said Matthew Kissner, President and CEO.
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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.