Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from Wix ( (WIX) ) is now available.
On January 22, 2025, Wix.com Ltd. announced the completion of a $200 million share repurchase program, which was authorized by its Board of Directors in July 2024. The company repurchased 868,026 ordinary shares, accounting for approximately 1.5% of its total outstanding shares, at an average price of $230.41 per share. This move signifies Wix’s commitment to returning value to shareholders and strengthening its financial position in the competitive SaaS industry.
More about Wix
Wix is a leading SaaS website builder platform founded in 2006, offering tools for creating, managing, and growing digital presence. The platform provides performance, security, AI capabilities, and infrastructure for self-creators, agencies, and enterprises. It includes commerce and business solutions, SEO, and marketing tools, enabling full ownership of brand and customer relationships.
YTD Price Performance: 9.99%
Average Trading Volume: 620,108
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.25B
Learn more about WIX stock on TipRanks’ Stock Analysis page.
