Wise (NASDAQ: WSE) keeps repurchasing shares in a buyback of up to £405 million

What happened

Wise Group plc (NASDAQ: WSE) repurchased Class A shares in both New York and London from Nov. 2 to Nov. 6.

In the US, the company bought 476,311 shares on Nasdaq and other US trading venues. In London, it bought 767,173 shares on the London Stock Exchange.

Goldman Sachs International or one of its affiliates made the purchases. The shares will be held in treasury.

The purchases are part of a buyback program announced July 21, 2026. Wise expects to repurchase up to £405 million (approximately $540 million) of its Class A ordinary shares under it.

Key numbers

Metric Latest Change Source
Shares repurchased on Nasdaq and other US venues, Nov. 2 to Nov. 6, 2026 476,311 shares SEC 6-K
Shares repurchased on the London Stock Exchange, Nov. 2 to Nov. 6, 2026 767,173 shares SEC 6-K
Buyback program, expected maximum repurchases up to £405 million (approximately $540 million) SEC 6-K
Cross-border transactions processed in fiscal year 2026 over $240 billion SEC 6-K

Read more: Wise Group (WSE) company research

Why it matters

The program amount is a ceiling, not cash already spent. The week's purchases are one step toward that limit, not a finished buyback.

Daily volume-weighted average prices ran from £8.04 to £8.37 in London and from $10.80 to $11.25 on Nasdaq. The lowest single price paid was £7.81 in London on Nov. 2. The highest was £8.51 on Nov. 5.

The filing gives a separate price range for London and for Nasdaq and other US venues. That shows what Wise paid in each market. The ranges cover only these five trading days, not the whole program.

OptimistFi has argued that Wise works if its low-cost cross-border network keeps taking share and revenue turns into durable per-share earnings after the fiscal 2026 margin reset. A buyback speaks to the per-share part of that view, not to the share-taking part.

The filing's operating figures are fiscal 2026 totals: around 19 million people and businesses supported, over $240 billion in cross-border transactions and over $3 billion saved for customers. They describe past activity, not a new earnings result.

Stock perps: every US stock that trades as a perpetual future, by leverage, live

What's next

Wise's next quarterly report is the next test of the case. If revenue turns into per-share earnings there, OptimistFi's view gains support. If it does so less, the view weakens.

More from OptimistFi

From OptimistFi Perps

Sources

Explore OptimistFi research on Wise Group plc: https://optimistfi.com/stocks/WSE

Browse Wise Group plc company coverage and explore the OptimistFi Thesis-Break Engine.

Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.

Find available research on the Wise Group plc company page.

Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.