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News 2026-09-10 12:05 UTC

Commerce.com announces $60M-$80M cost savings plan and $50M buyback

Commerce expects about $3 million of the savings in 2026, with the full annualized benefit reflected in 2027. The board authorized up to $50 million of stock repurchases from Sept. 10, 2026 through Sept. 10, 2028, and the company raised FY26 non-GAAP operating income guidance to $31 million-$37 million.