Wise (NASDAQ: WSE) lines up $540 million buyback as repurchases roll on

What happened

Wise Group plc (NASDAQ: WSE) said it repurchased shares from 28 September 2026 up to and including 02 October 2026. It bought 400,000 Class A ordinary shares on Nasdaq and other applicable US trading venues and 985,601 on the London Stock Exchange and other venues. The company said the repurchased shares will be held in treasury. The buyback forms part of a program announced on July 21, 2026.

Wise expects to repurchase up to £405 million, approximately $540 million, of Class A ordinary shares. The table also listed trades on XLON, CHIX and BATE alongside Nasdaq. On Nasdaq, the daily prices in the table ranged from USD 11.1000 to USD 11.5900, while the London venues ranged from GBP 8.4080 to GBP 8.7520.

In fiscal year 2026, Wise said it supported around 19 million people and businesses, processed over $240 billion in cross-border transactions, and saved customers over $3 billion.

Key numbers

Metric	Latest	Change	Source
Buyback cap	up to £405 million		SEC 6-K
Class A ordinary shares repurchased on Nasdaq and other applicable US trading venues	400,000 shares		SEC 6-K
Class A ordinary shares repurchased on the London Stock Exchange and other venues	985,601 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. The filing adds a capital-return update to that story, because repurchases are already under way and the company has a stated ceiling. At about 2.46 times the Nasdaq and other US total, the London Stock Exchange and other venues carried more of the repurchased shares.

That matters because the program can still absorb capital while Wise reports scale metrics that keep the network narrative in view. Wise's FY2026 figures are large enough to matter to the case, but the release does not connect them to an earnings conversion step. The filing still shows only a cap and a dated buyback notice, not proof that the margin reset has passed through to per-share earnings.

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What's next

The buyback can still run up to £405 million, and later repurchase notices will show how much of that cap Wise uses. If the company keeps buying shares while FY2026-type scale remains intact, the capital-return side of the case strengthens. If repurchases slow before the cap is used, the filing gives less support for the per-share earnings story. A later update would matter most if it shows both continued repurchases and the same scale backdrop.

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