Wise Group plc launched a share buyback program for up to £405 million ($540 million) in Class A ordinary shares.
Goldman Sachs International will execute the repurchases beginning July 21, 2026. The company expects to conclude the program by March 31, 2027. Trading will take place on the London Stock Exchange, Nasdaq, and other U.S. and European venues.
The program aims to reduce share capital and fulfill employee equity award obligations. Wise will allocate approximately 40% of the repurchased shares to its Employee Share Trust. The remaining 60% of shares will be held in treasury.
The buyback operates under a trading plan compliant with U.K. and U.S. regulations.