The wisdom behind limiting divorce (talaaq) to three

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Her husband divorced her by talaaq and she married another man during the ‘iddah
If a man divorces his wife before consummation of the marriage, she becomes haraam for all of his offspring

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Related Answers:
Threefold divorce counts as one according to the correct scholarly opinion
He divorced his wife, and her ‘iddah has finished, can he remarry her without returning to the court?
Her husband beats her severely
Her husband divorced her by talaaq and she married another man during the ‘iddah
If a man divorces his wife before consummation of the marriage, she becomes haraam for all of his offspring

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