Shopify Increases Repurchase Authorization by $3 Billion, Raising Total to $5 Billion
Shopify's board approved an additional $3 billion for its share repurchase program, boosting the company's total authorization to $5 billion. The announcement follows a lukewarm forecast that heightened investor concern about artificial intelligence-related disruption and comes as the company’s shares have fallen sharply in 2026. Management said st…