Shopify Inc.

SHOP

CA82509L1076

Internet Services

Market Closed - Nasdaq Other stock markets 16:00:00 2026-06-08 EDT			After hours 20:00:00
110.78 ^USD	+1.13%		111.80	+0.92%

06-03	Meta dives into enterprise AI race with new business agent	RE
06-03	TSX Falls 185 Points at Midday	MT

Shopify Adds $3 Billion to Share Buyback Authorization

Published on 06/02/2026 at 05:31 pm EDT

Dow Jones

SHOPIFY INC.

+1.13%

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

06-02-26 1730ET

Latest news about Shopify Inc.

06-03	Meta dives into enterprise AI race with new business agent	RE
06-03	TSX Falls 185 Points at Midday	MT
06-03	Meta launches AI agent to automate business tasks
06-03	TSX pulls back from record high as tech and metal mining shares slide	RE
06-03	Meta enters enterprise AI race with new business agent	RE
06-03	Meta launches enterprise-focused AI 'business agent' to automate daily operations	RE
06-03	Wall Street's Record Highs Are Starting to Look a Little Narrow
06-03	TSX futures little changed as Middle East hostilities flare up	RE
06-02	Shopify expands share buyback program by $3 billion	RE
06-02	Shopify Board Approves Expanding Share Repurchase Program to US$5 Billion	MT
06-02	Shopify Adds $3 Billion to Share Buyback Authorization	DJ
06-02	Shopify Adds $3 Billion to Share Repurchase Program	MT
06-02	Tranche Update on Shopify Inc.'s Equity Buyback Plan announced on February 11, 2026.	CI
06-01	Shopify Inc. announces an Increase in Equity Buyback.	CI
06-01	TSX Down Near 100 Points at Midday With Financials The Biggest Decliner; Info Tech, Energy, Best Performers	MT

Chart Shopify Inc.

Duration

Period

SHOP: Dynamic Chart

Company Profile

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

Employees

7,600

Sector

Internet Services

More about the company