WEX Inc. Files 8-K for Other Events and Exhibits

TL;DR

**WEX Inc. filed a standard 8-K on Feb 15, 2024, for 'Other Events' and 'Financial Statements and Exhibits', but no specific details are available in this excerpt.**

AI Summary

WEX Inc. filed an 8-K on February 15, 2024, reporting 'Other Events' and 'Financial Statements and Exhibits' under accession number 0001157523-24-000254. The filing confirms WEX Inc.'s status as a Delaware-incorporated company with its principal executive offices located at 1 Hancock Street, Portland, Maine 04101. This standard regulatory filing provides no specific event details within the provided excerpt.

Why It Matters

This filing indicates WEX Inc. is reporting an event or information that the SEC deems material, though the specific details are not provided in this excerpt. Investors would need to review the full filing to understand the implications of the 'Other Events' and 'Financial Statements and Exhibits' categories.

Risk Assessment

Risk Level: low — The provided text only indicates a standard 8-K filing without disclosing any specific events or financial impacts, thus presenting no immediate risk based on this excerpt.

Key Players & Entities

• WEX Inc. (company) — registrant
• 07 Trade & Services (company) — organization name associated with filer
• Wright Express CORP (company) — former company name

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value WEX New York Stock Exchan
• $650 million — se in its share repurchase program from $650 million to $1.05 billion through December 31, 2
• $1.05 billion — repurchase program from $650 million to $1.05 billion through December 31, 2025. As of the da
• $478 million — e Company has repurchased approximately $478 million of its common stock under the program,
• $41.5 million — er the program, including approximately $41.5 million in 2024, representing 2.8 million share
• $572 million — s filing, the Company has approximately $572 million of capacity remaining under the repurch

Filing Documents

• a53896777.htm (8-K) — 29KB
• a53896777ex99_1.htm (EX-99.1) — 8KB
• logo.jpg (GRAPHIC) — 7KB
• 0001157523-24-000254.txt ( ) — 192KB
• wex-20240215.xsd (EX-101.SCH) — 4KB
• wex-20240215_lab.xml (EX-101.LAB) — 22KB
• wex-20240215_pre.xml (EX-101.PRE) — 16KB
• a53896777_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On February 15, 2024, WEX Inc. (the "Company") issued a press release announcing that the Company's Board of Directors has authorized an increase in its share repurchase program from $650 million to $1.05 billion through December 31, 2025. As of the date of this filing, the Company 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. Accordingly, as of the date of this filing, the Company has approximately $572 million of capacity remaining under the repurchase authorization, as amended. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (c) See attached Exhibit Index. EXHIBIT INDEX Exhibit No. Description 99.1 Press release of WEX Inc. dated February 15, 2024 with respect to the Share Repurchase Program . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WEX INC. Date: February 15, 2024 By: /s/ Jagtar Narula Jagtar Narula Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR