WEX Inc. Stock News

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the final results of its modified “Dutch auction” tender offer, which expired at one minute after 11:59 p.m., New York City time, on Tuesday, March 25, 2025. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender...

PORTLAND, Maine--(BUSINESS WIRE)--WEX gathers business leaders in San Diego March 31-April 3 for WEX SPARK Health & Benefits 2025, a premier event for the health and benefits industry.

Management lowered its long-term revenue growth target to 5%-10% from 8%-12%, while aiming to grow earnings per share by 10%-15%. Shares are currently trading at just over 10 times earnings, representing a large discount to relevant peers. With the tender offer now having expired, and given its high debt load, there may be more downward pressure on the share price.

DENVER--(BUSINESS WIRE)--Engine, the modern business and group travel platform trusted by over 900,000 travelers, today announced a collaboration with WEX, the global commerce platform that simplifies the business of running a business, to enable WEX's Over The Road Fuel Cards as a payment option for eligible customers. By teaming up with WEX, Engine has become the first business travel company...

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the preliminary results of its modified “Dutch auction” tender offer, which expired at one minute after 11:59 p.m., New York City time, on Tuesday, March 25, 2025. Based on the preliminary count by Equiniti Trust Company, LLC, the depositary fo...

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a multi-year extension of its relationship with global convenience retailer Circle K. Building on over 15 years of collaboration, this agreement aims to propel the growth of its existing business fuel card programs and to develop software customized for e...

Integration will empower employers and employees to make confident benefit decisions through AI-powered claims data and analytics BOSTON , March 11, 2025 /PRNewswire/ -- Reclaim Health, a leader in AI-powered, claims-driven healthcare financial advocacy, and WEX (NYSE: WEX), a leader in benefits administration technology, announce a new integration that intends to transform the health and benef...

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will host a conference call moderated by David Koning of Baird on Friday, March 14, 2025, at 9:00 a.m. ET. There will be an opportunity for investors to ask questions of management. A w...