GLBE · Global-e Online Ltd.

Global-E Online Ltd. announced on June 4, 2026 that its Board of Directors approved a share repurchase program of up to $500 million, as defined under Israeli law. This program is incremental to the previously announced $200 million repurchase plan, of which approximately 80% had been completed as of the announcement. The buyback reflects management's confidence in the company's ability to generate sustainable cash flow while continuing strategic investments. Repurchases may be conducted through open market transactions, privately negotiated deals, or under Rule 10b5-1 trading plans, in compliance with U.S. securities laws. The program is subject to Israeli regulatory procedures, including a 30-day period for creditors to object. The company expects to fund repurchases from existing cash and future operations. CFO Ofer Koren emphasized that returning capital via repurchases is a key part of the capital allocation strategy. The timing and amount of repurchases will depend on market conditions, share price, financial results, and other factors. This significant buyback authorization signals a strong balance sheet and commitment to shareholder returns, potentially supporting the stock price and demonstrating long-term value belief.