Wix Announces Final Results of Modified Dutch Auction Tender Offer

Wix (Nasdaq: WIX) completed a modified Dutch auction tender offer that expired April 1, 2026.

Rhea-AI Summary

Wix (Nasdaq: WIX) completed a modified Dutch auction tender offer that expired April 1, 2026. The company accepted 17,577,250 Shares at $92.00 per share, for an aggregate cost of approximately $1.617 billion (excluding fees and expenses).

Accepted Shares represent about 29.7% of outstanding shares as of April 1, 2026; not all guaranteed-delivery tenders were delivered within the required settlement period.

Positive

• 17,577,250 Shares accepted in the tender offer
• Aggregate repurchase cost of approximately $1.617 billion
• Repurchased shares represent 29.7% of outstanding shares as of April 1, 2026

Negative

• Repurchase requires a cash outflow of approximately $1.617 billion, excluding fees
• Not all shares tendered via guaranteed delivery were delivered within the required settlement period

Market Context

This announcement confirms completion of Wix’s modified Dutch auction, with 17,577,250 shares accept...

Analysis

This announcement confirms completion of Wix’s modified Dutch auction, with 17,577,250 shares accepted at $92 per share for about $1.617B, or roughly 29.7% of shares outstanding. It follows prior communications outlining a substantial repurchase program. Investors may compare this execution to Wix’s recent growth, AI product launches, and capital allocation plans, while tracking future disclosures, regulatory filings, and earnings to assess how the reduced share count interacts with operating performance.

Key Figures

Shares tendered: 17,577,250 shares Tender price: $92.00 per share Aggregate tender cost: $1.617 billion +2 more

Shares tendered

17,577,250 shares

Properly tendered and accepted in modified Dutch auction

Tender price

$92.00 per share

Final purchase price in modified Dutch auction tender offer

Aggregate tender cost

$1.617 billion

Total cost of shares repurchased, excluding fees and expenses

Percent of shares outstanding

29.7%

Portion of outstanding shares repurchased as of April 1, 2026

Par value per share

NIS 0.01

Par value of each ordinary share

Historical Context

5 past events · Latest: Mar 05

5 events

1. Mar 05

   Tender offer launch

   24h Move

   +10.9%

   Announced up to $1.75B modified Dutch auction share repurchase.

2. Mar 04

   Earnings results

   24h Move

   +12.7%

   Reported Q4 growth, 2026 guidance, and plans for $2B buyback.

3. Mar 02

   AI product launch

   24h Move

   +3.0%

   Launched Wix app in ChatGPT for AI-driven website creation.

4. Feb 25

   Conference participation

   24h Move

   +0.2%

   Announced fireside chat at 2026 Cantor tech conference.

5. Feb 24

   AI integration launch

   24h Move

   +4.3%

   Unveiled Google Search/Maps/AI Mode integration for Wix Bookings.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

modified dutch auction, tender offer, par value, dealer manager

4 terms

modified dutch auction financial

"announced the final results of its “modified Dutch Auction” tender offer"

A modified Dutch auction is a way for a company to buy back shares or sell securities by asking shareholders or bidders to state how many shares they’re willing to trade and at what minimum price, then setting a single clearing price that satisfies the target quantity. Think of it like collecting offers at different prices and picking one fair price so the company buys or sells the needed amount; investors care because it can produce a transparent, market-driven price and a predictable size for the transaction, reducing the chance of favoritism or sudden price swings.

tender offer financial

"final results of its “modified Dutch Auction” tender offer, which expired"

A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.

View in glossary

par value financial

"ordinary shares, par value NIS 0.01 per share (each, a “Share”"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

dealer manager financial

"J.P. Morgan Securities LLC acted as deal manager for the tender offer."

A dealer manager is a financial firm — often a broker-dealer or investment bank — that organizes, markets and coordinates the sale of a new securities offering (such as bonds or structured products) to other brokers and investors. Think of it as the project manager and sales team for the deal: its pricing choices, marketing reach and allocation decisions influence how widely the issue is distributed, how competitively it is priced, and how easy it is for investors to buy or sell afterward.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK—Wix.com Ltd. (Nasdaq: WIX) (“Wix” or the “Company”) today announced the final results of its “modified Dutch Auction” tender offer, which expired at one (1) minute after 11:59 P.M., New York City time, on April 1, 2026. 

Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 17,577,250 of Wix’s ordinary shares, par value NIS 0.01 per share (each, a “Share,” and collectively, the “Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $92.00 per Share. Not all Shares tendered through notice of guaranteed delivery were delivered within the required settlement period. 

Wix has accepted for payment 17,577,250 Shares, representing all Shares that were properly tendered and not properly withdrawn, at a price of $92.00 per Share, for an aggregate cost of approximately $1.617 billion, excluding fees and expenses relating to the tender offer. These Shares represent approximately 29.7 percent of the number of Shares outstanding as of April 1, 2026.

Nir Zohar, President and Co-founder at Wix, stated, “I am very pleased with the outcome of our Dutch auction tender offer, which is enabling us to repurchase nearly 30% of our market capitalization and return meaningful value to investors. We believe the results of this transaction reflect shared conviction among our broader shareholder base in our long-term strategy, as well as their deep trust in our ability to lead as AI continues to reshape the internet.

J.P. Morgan Securities LLC acted as deal manager for the tender offer. Shareholders who have questions or would like additional information about the tender offer may contact the information agent for the tender offer, D.F. King & Co., Inc., toll-free at 1-888-280-6942. Banks and brokers may call the dealer manager, J.P. Morgan Securities LLC, toll-free at 1-877-371-5947.

About Wix.com Ltd.

Wix’s vision is to simplify complex technologies and deliver the best tools for every type of user and business to create online. Powered by advanced AI and enterprise-grade infrastructure, Wix is trusted by millions of users worldwide. Founded in 2006 and strengthened by the acquisition in 2025 of Base44, the no-code application platform, Wix is continuing to build for the future of the internet.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements regarding our acquisition of Shares in the tender offer, the expected timing of completing the tender offer, our beliefs and expectations, the benefits sought to be achieved by the tender offer and the potential effects of the completed tender offer, and may be identified by words like “anticipate,” “assume,” “believe,” “aim,” “forecast,” “indication,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “subject,” “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this press release are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, those factors discussed under the heading “Risk Factors” in our annual report on Form 20-F for the year ended December 31, 2025 filed with the SEC on March 5, 2026. The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

Source: Wix.com Ltd.

Media Relations Contact: PR@wix.com

Investor Relations Contact: IR@wix.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Wix (WIX) repurchase in the April 1, 2026 Dutch auction?

Wix accepted 17,577,250 Shares at $92.00 per share. According to the company, those accepted shares represent about 29.7% of shares outstanding as of April 1, 2026, for an aggregate cost of approximately $1.617 billion.

What was the purchase price and total cost of Wix's (WIX) tender offer that closed April 1, 2026?

The purchase price was $92.00 per Share. According to the company, Wix paid approximately $1.617 billion in aggregate to repurchase the accepted shares, excluding fees and expenses related to the offer.

What percentage of Wix (WIX) outstanding shares were repurchased in the April 1, 2026 tender offer?

The tender accepted shares equal about 29.7% of outstanding shares. According to the company, that figure is measured as of April 1, 2026 and reflects all properly tendered and not properly withdrawn shares.

Were there any settlement issues reported in Wix's (WIX) April 1, 2026 tender offer?

Yes. While Wix accepted all properly tendered shares, not all guaranteed-delivery tenders were delivered within the required settlement period. According to the company, some notice-of-guaranteed-delivery shares were not delivered on time.

Who managed and how can investors get more information about Wix's (WIX) April 1, 2026 tender offer?

J.P. Morgan Securities LLC acted as deal manager and D.F. King served as information agent. According to the company, investors may call D.F. King at 1-888-280-6942 for additional tender-offer information.