NEW
YORK, May 28, 2024 /PRNewswire/ -- Wix.com
Ltd. (Nasdaq: WIX), today announced that it has completed
$225 million in share repurchases,
which were part of the authorization by its Board of Directors
approved in August 2023.
The Company repurchased 1,676,623 outstanding Wix ordinary
shares, representing approximately 3% of total shares outstanding,
at an approximate volume-weighted average price per share of
$134.20.
About Wix.com Ltd.
Wix is the leading SaaS website
builder platform globally1 to create,
manage and grow a digital presence. What began as a website builder
in 2006 is now a complete platform providing users with
enterprise-grade performance, security and a reliable
infrastructure. Offering a wide range of commerce and business
solutions, advanced SEO and marketing tools, Wix enables users to
take full ownership of their brand, their data and their
relationships with their customers. With a focus on continuous
innovation and delivery of new features and products, anyone can
build a powerful digital presence to fulfill their dreams on
Wix.
1 Based on the number of active live sites as
reported by key competitors' figures, independent third-party-data
and internal data as of Q4 2023.
For more about Wix, please visit our Press Room
Investor Relations:
ir@wix.com
Media Relations:
pr@wix.com
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SOURCE Wix.com Ltd.
