Morningstar

Shopify Adds $3 Billion to Share Buyback Authorization

Provided by Dow Jones Jun 2, 2026, 9:30:00 PM

By Kelly Cloonan

Shopify authorized an additional $3 billion in share repurchases, bringing its total buyback authorization to $5 billion.

The e-commerce company said Tuesday the move reflects its confidence in its business and opportunity ahead.

As of June 1, Shopify has repurchased about $1.45 billion under its current authorization. The company said it will continue to execute the program using pre-arranged algorithmic trading guidelines with no set quarterly or annual minimums.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 02, 2026 17:30 ET (21:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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