Wise (NASDAQ: WSE) buys back stock as repurchases continue

What happened

Wise Group plc (NASDAQ: WSE) said it expects to repurchase up to £405 million, or about $540 million, of Class A ordinary shares. In the filing, the company said it repurchased 399,172 shares on Nasdaq and other applicable US trading venues. It also repurchased 997,276 shares on the London Stock Exchange and other venues from 12 October 2026 through 16 October 2026.

The repurchases are part of the buyback announced on July 21, 2026, and the shares will be held in treasury. On 16 October 2026, it bought shares at VWAPs of GBP 8.5130 on XLON, GBP 8.3783 on CHIX, GBP 8.3626 on BATE and USD 11.2077 on Nasdaq. London-venue buys were about 2.50 times US-venue buys in the same window. The biggest single-day venue total in the filing was 308,962 shares on XLON.

Key numbers

Metric	Latest	Change	Source
Buyback cap	up to £405 million (approximately $540 million)		SEC 6-K
Shares repurchased on Nasdaq and other applicable US trading venues	399,172 shares		SEC 6-K
Shares repurchased on the London Stock Exchange and other venues	997,276 shares		SEC 6-K
People and businesses supported in fiscal year 2026	around 19 million people and businesses		SEC 6-K
Cross-border transactions processed in fiscal year 2026	over $240 billion		SEC 6-K
Customer savings in fiscal year 2026	over $3 billion		SEC 6-K

Read more: Wise Group (WSE) stock analysis and investment case

Why it matters

OptimistFi's case is that Wise works if its low-cost, transparent cross-border money network keeps taking share while revenue turns back into durable per-share earnings after the FY2026 margin reset. This filing strengthens that case by showing more capital return and more scale in the core business. Wise said it supported around 19 million people and businesses, processed over $240 billion in cross-border transactions and saved customers over $3 billion in fiscal year 2026.

The buyback matters because treasury repurchases can support per-share results if the company keeps executing toward the cap. The main caveat is that the filing shows a ceiling, not a completed end point. The final size of the program still matters. The operating figures show scale, while the cap still leaves room for execution to fall short of the maximum.

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What's next

Wise says the Buyback can continue until repurchases reach up to £405 million. More purchases toward that cap would support the share-return part of the case. A slower pace would leave this filing as a snapshot of scale rather than a finish line.

The next test is whether the company keeps repurchasing Class A ordinary shares under the program. If the buyback continues, investors get a clearer read on capital return. If it stalls, this filing still stands as evidence of operating scale in fiscal 2026.

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