Wise Group (NASDAQ: WSE) expands July buyback with 2.22M share repurchases
Rhea-AI Filing Summary
Wise Group plc reported recent activity under its share buyback program for Class A ordinary shares. Between 21 and 24 July 2026, it repurchased 379,779 shares on Nasdaq and 648,736 shares on the London Stock Exchange and other venues through Goldman Sachs International, with all shares to be held in treasury.
Between 27 and 31 July 2026, Wise repurchased a further 523,584 Class A shares on Nasdaq and 668,827 on London and other venues. These transactions are part of a buyback under which Wise expects to repurchase up to £405 million (approximately $540 million) of its Class A shares. Wise describes itself as a global technology company that, in fiscal 2026, served around 19 million customers, processed over $240 billion in cross-border transactions and saved customers over $3 billion.
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Key Figures
Shares repurchased 21–24 July 2026 – Nasdaq: 379,779 shares
Shares repurchased 21–24 July 2026 – London & other: 648,736 shares
Shares repurchased 27–31 July 2026 – Nasdaq: 523,584 shares
+5 more
8 metrics
Shares repurchased 21–24 July 2026 – Nasdaq
379,779 shares
Class A ordinary shares bought back on Nasdaq and US venues
Shares repurchased 21–24 July 2026 – London & other
648,736 shares
Class A ordinary shares bought back on London Stock Exchange and other venues
Shares repurchased 27–31 July 2026 – Nasdaq
523,584 shares
Class A ordinary shares bought back on Nasdaq and US venues
Shares repurchased 27–31 July 2026 – London & other
668,827 shares
Class A ordinary shares bought back on London Stock Exchange and other venues
Planned buyback capacity
£405 million
Maximum amount Wise expects to repurchase under current program
Approximate buyback capacity in USD
$540 million
Approximate US dollar value corresponding to £405 million authorization
Customers served in fiscal 2026
around 19 million
People and businesses supported during fiscal year 2026
Cross-border volume fiscal 2026
over $240 billion
Cross-border transactions processed for customers in fiscal 2026
Key Terms
share buyback program, Market Abuse Regulation, Listing Rule 14.3.17(2), treasury, +1 more
5 terms
Market Abuse Regulation regulatory
"In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation)"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
Listing Rule 14.3.17(2) regulatory
"This announcement is also being made for the purposes of the UK Financial Conduct Authority’s Listing Rule 14.3.17(2)"
treasury financial
"The repurchased Class A ordinary shares will be held in treasury"
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
volume weighted average price financial
"Aggregate number of Class A ordinary shares purchased | Volume weighted average price"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What buybacks did Wise Group (WSE) complete between 27 and 31 July 2026?
From 27 to 31 July 2026, Wise repurchased 1,192,411 Class A shares, including 523,584 on Nasdaq and 668,827 on the London Stock Exchange and other venues. All of these shares are to be held in treasury under the ongoing buyback program.
On which markets and through which broker is Wise Group (WSE) executing its buyback?
Wise is repurchasing Class A shares on Nasdaq and the London Stock Exchange, as well as other venues such as CHIX. All transactions disclosed for July 2026 were executed through Goldman Sachs International or one of its affiliates on behalf of the company.
What business scale did Wise Group (WSE) report for fiscal year 2026?
For fiscal year 2026, Wise supported around 19 million people and businesses, processed over $240 billion in cross-border transactions, and estimates that customers saved more than $3 billion. These figures highlight the transaction volume and customer reach of its global money platform.