- 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.
For further details see:
Wix says Israeli court approved repurchase program until July