BUZZ-Wix climbs after unveiling $2 billion share repurchase program

Reuters

01/28

** Shares of cloud-based website builder Wix.com Ltd WIX.O up 6.5% at $93.68 premarket

** Israel-based firm announces a 2‑year share repurchase program (FY2026-2027) of up to $2 bln

** The plan covers ordinary shares and/or convertible notes

** 21 out of 23 analysts rate stock "buy" or higher, two rate it "hold"; median PT at $160 - data compiled by LSEG

** As of last close, WIX shares down 62.4% over the past year

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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