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  "authorId": "wix",
  "authorName": "Wix",
  "documentKindSlug": "shareholder-letter",
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  "presentationDate": "2018-11-01 00:00:00",
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  "notes": "Includes specific legal context regarding Israeli court approval and Rule 10b5-1 compliance.",
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      "text": "Wix intends to file a motion seeking court approval in Israel to extend the previously approved right to repurchase shares granted in July 2018 that expires December 31, 2018. The extension requested would be for six months, commencing on the later of (i) December 31, 2018 or (ii) the receipt of the required court approval. Wix intends to continue filing extension requests on an ongoing basis as required. Subject to approval by the Israeli courts, under the board authorized plan, shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws and regulations, and the repurchase plan may be suspended or discontinued at any time. For all or a portion of the authorized repurchase amount, Wix may enter into a plan that is compliant with Rule 10b5-1 of the United States Securities Exchange Act of 1934, as amended, that is designed to facilitate these purchases. The actual timing, number and value of shares repurchased depend on a number of factors, including the market price of Wix’s common stock, general market and economic conditions and other corporate considerations.",
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      "text": "Share Repurchase Program Authorization",
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      "text": "The Wix Board of Directors has authorized a share repurchase plan under which up to $100 million is available to purchase Wix’s outstanding ordinary shares.",
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