Wix Announces Board Authorization Of $200M Share Repurchase Program

7/10/24 9:08:27 AM ET

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Wix.com Ltd. (NASDAQ:WIX) ("Wix," the "Company," "we" or "our"), today announced that its Board of Directors (the "Board") authorized a program to repurchase the Company's securities (ordinary shares and/or convertible notes), in an amount up to $200 million.

This repurchase program, in addition to the more than $1 billion of aggregate share repurchases executed by the Company since 2021, demonstrates the Board's continued confidence in the Company's ability to drive strong cash flow generation and ongoing commitment to increasing shareholder value.

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Recent Analyst Ratings for
$WIX

Date	Price Target	Rating	Analyst
9/23/2024	$184.00 → $200.00	Neutral → Overweight	Piper Sandler
9/5/2024	$200.00	Overweight	Cantor Fitzgerald
7/25/2024		Sector Weight	KeyBanc Capital Markets
5/21/2024	$160.00 → $190.00	Buy	Needham
5/21/2024	$160.00 → $200.00	Outperform	Oppenheimer
5/21/2024	$165.00 → $184.00	Overweight → Neutral	Piper Sandler
3/27/2024	$160.00	Outperform	Raymond James
12/8/2023	$126.00	Buy	BofA Securities

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Wix Announces Board Authorization Of $200M Share Repurchase Program

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Recent Analyst Ratings for
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Press Releases

Fastest customizable press release news feed in the world

Wix to Announce Third Quarter 2024 Results on November 20, 2024

Agency Hackers and Wix Studio Unveil Agency Forecast Report

Wix Introduces a New AI Assistant to Guide and Enhance Website Theme

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SEC Form 6-K filed by Wix.com Ltd.

SEC Form 6-K filed by Wix.com Ltd.

SEC Form 6-K filed by Wix.com Ltd.

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