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WEX Inc. – ‘8-K’ for 2/15/24

On:  Thursday, 2/15/24, at 9:05am ET   ·   For:  2/15/24   ·   Accession #:  1157523-24-254   ·   File #:  1-32426

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/15/24  WEX Inc.                          8-K:8,9     2/15/24   11:186K                                   Business Wire/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Wex Inc. 8-K                                        HTML     27K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     12K 
 6: R1          Document and Entity Information                     HTML     45K 
 8: XML         IDEA XML File -- Filing Summary                      XML     12K 
11: XML         XBRL Instance -- a53896777_htm                       XML     15K 
 7: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 4: EX-101.LAB  XBRL Labels -- wex-20240215_lab                      XML     63K 
 5: EX-101.PRE  XBRL Presentations -- wex-20240215_pre               XML     46K 
 3: EX-101.SCH  XBRL Schema -- wex-20240215                          XSD     14K 
 9: JSON        XBRL Instance as JSON Data -- MetaLinks               13±    20K 
10: ZIP         XBRL Zipped Folder -- 0001157523-24-000254-xbrl      Zip     28K 


‘8-K’   —   Wex Inc. 8-K


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C: 
 i false i 000130910800013091082024-02-152024-02-15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM  i 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 
Date of Report (Date of earliest event reported)

graphic

 i WEX Inc.
(Exact name of registrant as specified in its charter)

 i Delaware
 
 i 001-32426
 
 i 01-0526993
(State or other jurisdiction of
incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
         

 i 1 Hancock Street,  i Portland,  i Maine
 i 04101
Address of principal executive offices
Zip Code

Registrant's telephone number, including area code
( i 207)  i 773-8171

 

(Former name or former address if changes since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 i   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 i   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 i   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 i   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
 i Common Stock, $0.01 par value
 i WEX
 i New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐



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.

Item 9.01 Financial Statements and Exhibits.
 
(c)  See attached Exhibit Index.
 
 
EXHIBIT INDEX
 

Exhibit No.
 
Description
 
 
 
 
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.
 
 
 
 
 
 
By:
 
 
 
 
Chief Financial Officer

 

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
12/31/25None on these Dates
Filed on / For Period end:2/15/24
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Filing Submission 0001157523-24-000254   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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