Flywire repurchases 1.87M non-voting shares for ~$29M, eliminating class

Flywire Corp

Repurchased 1,873,320 non-voting shares from pre-IPO holder for ~$29M; all non-voting shares now retired.
Per share price at discount to May 13 closing market price; funded with balance sheet cash.
Replaces previously announced $50M ASR; company continues plan to repurchase up to $50M under existing $300M program.
CFO cites focus on capturing market dislocation and delivering shareholder value.
After transaction, no non-voting common stock remains outstanding.

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