Wise Group repurchases shares in £405m buyback
Wise says its August repurchases will be held in treasury as part of its July 21 buyback, under which it expects to repurchase up to £405 million (~$540 million) of Class A shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Wise Group plc (WSE) reports that between August 24 and August 28, 2026 it repurchased 286,461 Class A ordinary shares on Nasdaq and other US venues and 512,074 Class A ordinary shares on the London Stock Exchange and related venues through Goldman Sachs International or an affiliate. The repurchased shares will be held in treasury and form part of Wise’s share buyback program announced on July 21, 2026, under which the company expects to repurchase up to £405 million (approximately $540 million) of Class A ordinary shares.
Wise describes itself as a global technology company facilitating cross-border money movement and accounts. In fiscal year 2026, it supported around 19 million people and businesses, processing over $240 billion in cross-border transactions and saving customers over $3 billion.
Positive
- Share buyback of up to £405 million (~$540 million) of Class A ordinary shares provides a structured capital return framework.
- Strong operating scale: in fiscal 2026 Wise handled over $240 billion in cross-border transactions for around 19 million customers, with customer savings of over $3 billion.
Negative
- None.
Key Figures
Key Terms
treasury financial
Volume weighted average price financial
Market Abuse Regulation regulatory
Commission Delegated Regulation (EU) 2016/1052 regulatory
FAQ
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How large is Wise Group plc’s (WSE) business based on fiscal 2026 data?
On which regulations does Wise Group plc (WSE) base disclosure of the buyback trades?
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