Wix Accepts 18.7 Million Shares in $1.72 Billion Tender Offer—Over 30% of Outstanding Shares to Be Purchased at $92

Company Moves Decisively: Over 31% of Wix Shares to Be Retired

In an ambitious buyback move, Wix.com Ltd. (NASDAQ:WIX) has announced that it will purchase a total of 18,718,009 of its ordinary shares at $92 per share, making for a total spend of approximately $1.72 billion, according to preliminary results of its recently completed modified Dutch auction tender offer. This transaction, if confirmed, represents 31.6% of Wix’s total shares outstanding as of April 1, 2026—a bold signal to investors regarding management’s confidence in the company’s long-term prospects.

Key Takeaways from the Tender Offer Results

This tender offer, managed by J.P. Morgan Securities LLC and with Equiniti Trust Company, LLC handling depositary duties, expired at 12:01 A.M. (NYC time) on April 2, 2026. The company expects to repurchase every share that was properly tendered and not withdrawn at or below the $92 price tag, though final results will be confirmed after the guaranteed delivery period concludes.

Strategic Impacts: Buyback Suggests Confidence in Company Value

This substantial tender offer underscores Wix’s strategic focus on returning value to shareholders and potentially signals management’s belief that its shares are undervalued at current market levels. Retiring such a significant percentage of the float can also have notable effects on per-share metrics going forward, including increasing earnings per share (EPS) and potentially boosting future stock price performance, all else being equal. For shareholders, this move could reduce available liquidity but might also enhance the proportional ownership and upside of remaining investors.

Next Steps: Final Counts to Be Confirmed, but Market Direction Is Clear

While these figures remain preliminary until the guaranteed delivery process completes, Wix’s commitment to a $1.72 billion buyback at a fixed premium price is a strong message to the market. The final number of shares purchased, and related financial impacts, will be confirmed soon after all documentation is settled by the depositary.

What to Watch: Implications for Wix’s Future and Shareholder Value

With over 31% of its shares on track to be taken out of circulation, investors should watch for how this impacts Wix’s floating supply, trading volatility, and valuation multiples in the quarters ahead. Such a large buyback often reflects both strength in the balance sheet and bullish management sentiment—even if some risk remains as the final numbers are yet to be confirmed. The market will be paying close attention as the official results and any subsequent commentary are released.

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