Wix Completes $200 Million Share Buyback Program
Ticker: WIX · Form: 6-K · Filed: Jan 22, 2025 · CIK: 1576789
| Field | Detail |
|---|---|
| Company | Wix.Com Ltd. (WIX) |
| Form Type | 6-K |
| Filed Date | Jan 22, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $200 Million, $2 |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, capital-return
Related Tickers: WIX
TL;DR
Wix just finished buying back $200M in stock. Buyback complete!
AI Summary
On January 22, 2025, Wix.com Ltd. announced the completion of its previously announced $200 million share repurchase program. This program was initiated to return capital to shareholders and manage its equity.
Why It Matters
The completion of the buyback program indicates Wix's commitment to returning capital to shareholders and potentially signals confidence in the company's valuation.
Risk Assessment
Risk Level: low — This filing is a routine announcement of a completed share repurchase program, which is a common corporate action.
Key Numbers
- $200 million — Share Repurchase Program (Total amount of shares repurchased by Wix.com Ltd.)
Key Players & Entities
- Wix.com Ltd. (company) — Registrant
- $200 million (dollar_amount) — Share repurchase program amount
- January 22, 2025 (date) — Announcement date
- NASDAQ: WIX (company) — Stock ticker
FAQ
What was the total value of the share repurchase program announced by Wix.com Ltd.?
Wix.com Ltd. announced the completion of its $200 million share repurchase program.
On what date did Wix.com Ltd. announce the completion of its share repurchase program?
Wix.com Ltd. announced the completion of its share repurchase program on January 22, 2025.
What is the stock ticker for Wix.com Ltd.?
The stock ticker for Wix.com Ltd. is NASDAQ: WIX.
What form was filed with the SEC regarding the share repurchase program?
Wix.com Ltd. filed a Form 6-K with the SEC to report the completion of its share repurchase program.
What was the stated purpose of the share repurchase program?
The press release mentioned that the program was initiated to return capital to shareholders and manage its equity.
Filing Stats: 208 words · 1 min read · ~1 pages · Grade level 8.8 · Accepted 2025-01-22 11:33:55
Key Financial Figures
- $200 Million — ase titled "Wix Announces Completion of $200 Million Share Repurchase Program". A copy of th
- $2 — 025 titled "Wix Announces Completion of $2 00 Million Share Repurchase Program".
Filing Documents
- wix-6xkxcompletionof200msh.htm (6-K) — 11KB
- wix-prxcompletionof200msha.htm (EX-99.1) — 5KB
- 0001628280-25-002121.txt ( ) — 17KB
From the Filing
Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of January 2025 Commission File Number 001-36158 Wix.com Ltd. (Translation of registrant's name into English) 5 Yunitsman St., Tel Aviv, Israel, 6936025 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F EXPLANATORY NOTE On January 22, 2025, Wix.com Ltd. (NASDAQ WIX) issued a press release titled "Wix Announces Completion of $200 Million Share Repurchase Program". A copy of this press release is attached to this Form 6-K as Exhibit 99.1 . SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date January 22, 2025 WIX.COM LTD. By s Naama Kaenan Name Naama Kaenan Title General Counsel EXHIBIT INDEX The following exhibit is filed as part of this Form 6-K Exhibit Description 99.1 Press release dated January 2 2 , 2025 titled "Wix Announces Completion of $2 00 Million Share Repurchase Program".