WEX Board of Directors Authorizes Increased Share Repurchase Program
WEX Inc. common stock (WEX)
NASDAQ:AMEX Investor Relations:
wexinc.com/payment-solutions/virtual-payments
Company Research
Source: Business Wire
Amended Program Authorizes Repurchase of $1.05 Billion Worth of Company Stock, Increasing Total by $400 Million PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its board of directors has authorized an amended share repurchase program under which up to an additional $400 million worth of WEX’s common stock may be repurchased, expanding the total authorization to $1.05 billion.The share repurchase program, first announced in August 2022 and amended in October 2022, previously authorized the Company to repurchase up to $650 million through December 31, 2025. This amendment increases the repurchase authorization to $1.05 billion through December 31, 2025.To date, WEX has repurchased approximately $478 million of its common stock under the program, including approximately $41.5 million in 2024, representing 2.8 million shares since the initial authorization of the program. Accor
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News
- WEX Inc. (NYSE:WEX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Wex (WEX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Wex (WEX) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- WEX Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- WEX Inc. Reports First Quarter 2024 Financial ResultsBusiness Wire
WEX
Earnings
- 4/25/24 - Beat
WEX
Sec Filings
- 5/1/24 - Form 144
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- WEX's page on the SEC website