WIX - Wix says Israeli court approved repurchase program until July

• Wix.com ( NASDAQ: WIX ) said Thursday that the Israeli court authorized its repurchase program for an additional six months through July 4, 2023.
• The authorization provides for the repurchase of up to $110 million of ordinary shares and/or convertible notes.
• The new authorization by the court replaces the prior repurchase authorization, which expired December 31, 2022.
• The new authorization by the court will allow the company to continue to repurchase ordinary shares up to the $57 million remaining balance under the approved repurchase program.

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