Wise Group plc launched a share buyback program exceeding $500 million alongside its fiscal 2026 results. The company’s UK-listed shares rose more than 7% in early trading following the announcement.
Net revenue increased 19% year-over-year to reach $2.50 billion. Net income declined to $498.7 million from $550.3 million in the previous fiscal year.
Wise recently shifted its primary listing to the Nasdaq in the United States. The company targets fiscal 2027 net revenue growth in the mid-range of its 15% to 20% compound annual growth rate guidance.