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Wise Kicks Off Up to GBP405 Million Share Buyback

MT Newswires·07/21/2026 04:29:21
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04:29 AM EDT, 07/21/2026 (MT Newswires) -- Wise (WISE.L) on Tuesday launched a program to repurchase up to 405 million pounds sterling worth of shares until March 31, 2027. The payments technology company appointed Goldman Sachs International to buy back up to 102,500,025 shares on its behalf on Nasdaq, the London Stock Exchange, CBOE Europe, and Aquis. The program is intended to reduce the company's share capital. Of the repurchased shares, 40% will be transferred to Wise's employee share trust to satisfy employee equity awards, while the remaining 60% will be held in treasury.