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Business > Foreign Business
Shopify expands share buyback program by $3 billion
By Reuters
Jun 04, 2026 12:07 am

SHOPIFY said on Tuesday its board had approved an additional $3-billion share buyback program, bringing the Canadian e-commerce company’s total repurchase authorization to $5 billion.

The move comes a month after the company’s lukewarm forecast failed to stem investor worries about disruptions from artificial intelligence (AI).

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