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WEX Inc. common stock (WEX)

154.30
+2.22 (1.46%)

Wex Inc is a leading provider of payment processing and information management solutions, primarily for the transportation and fleet industry

The company specializes in offering fuel cards, virtual card solutions, and other payment services that enable businesses to manage their expenses more efficiently and streamline transaction processes. Wex's platform not only facilitates secure payments but also provides valuable insights and analytics to help clients optimize their operations and reduce costs. By leveraging innovative technology, Wex supports various sectors, including fleet management, travel, and healthcare, enhancing overall financial control and operational effectiveness for its customers.

SummaryNewsPress ReleasesChartHistoricalFAQ
WEX Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months and year ended December 31, 2024.
By WEX · Via Business Wire · February 5, 2025
WEX Expands Mixed-Energy Fleet Solutions Across Europe to Drive Commercial EV Adoption
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced the expansion of its electric vehicle (EV) charging solution for Europe’s commercial fleets. This milestone comes at a pivotal time as businesses face rising fuel costs and increasing regulatory pressures to reduce carbon emissions.
By WEX · Via Business Wire · January 29, 2025
WEX Inc. to Release Fourth Quarter and Full Year 2024 Financial Results on February 5, 2025
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced it will report fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025, after market close. The press release and WEX’s newly-introduced supplemental materials packet—which includes a summary and discussion of our fourth quarter performance—will be available that same afternoon through the investor relations section of the WEX website, www.wexinc.com.
By WEX · Via Business Wire · January 23, 2025
WEX Announces Partnership with Qmerit for Commercial Fleets, EV Charger Installation at Drivers’ Homes
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced a nationwide partnership with EV charger installation provider Qmerit to streamline the installation of EV chargers at the homes of commercial fleet drivers.
By WEX · Via Business Wire · December 5, 2024
WEX to Present at UBS Global Technology and AI Conference
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024, at approximately 12:50 PM ET.
By WEX · Via Business Wire · November 26, 2024
WEX Launches Two AI Pilots for Benefits Administration
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced a partnership with select employers to pilot two new artificial intelligence (AI) enhancements embedded within WEX’s benefits administration platform, My Benefit Express. Timed with open enrollment season and as industry pundits explore how AI can be successfully built for and leveraged within employee benefits, WEX announced the pilot launch of its Benefit Assistant and BeneFITwise Premier capabilities, both of which harness AI to provide employees with personalized and actionable insights that can empower them to make informed decisions about their benefits.
By WEX · Via Business Wire · November 25, 2024
WEX Unveils New Digital Solution to Enhance and Expand Medicare Advantage Platform
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced the release of the WEX Medicare Advantage marketplace, a new digital shopping solution embedded within the member experience of its Medicare Advantage supplemental benefits platform.
By WEX · Via Business Wire · November 21, 2024
WEX and Holman Expand Partnership Across U.S. and Canada
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced an expanded agreement with Holman, one of the largest integrated automotive service companies in North America, that extends the companies’ longstanding partnership through 2030.
By WEX · Via Business Wire · November 12, 2024
WEX Inc. Reports Third Quarter 2024 Financial Results
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended September 30, 2024.
By WEX · Via Business Wire · October 24, 2024
WEX Inc. to Release Third Quarter 2024 Financial Results on October 24, 2024
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced it will report third quarter 2024 financial results before the market opens on Thursday, October 24, 2024. From WEX, Melissa Smith, Chair and Chief Executive Officer, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results.
By WEX · Via Business Wire · October 10, 2024
WEX Extends Fuel Discounts to Independent Truckers, Grows Offerings with Launch of 10-4 by WEX
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced the general availability release of 10-4 by WEX, a free mobile app that provides independent truckers and small trucking companies in the U.S. with fuel discounts typically reserved for larger trucking enterprises. This increases WEX’s total addressable market in its Mobility segment by expanding its diesel product offerings to sole proprietors and other independent businesses.
By WEX · Via Business Wire · October 4, 2024
Mixed-Energy Fleets on the Rise: Survey Finds 80% of Global Commercial Fleet Leaders Aim for at Least 25% of Their Fleets to Be EVs by 2030
A new study by Frost & Sullivan commissioned by WEX (NYSEWEX), the global commerce platform simplifying the business of running a business, reveals that mixed-energy fleets are projected to increase given anticipated commercial EV adoption rates. According to the study, 80% of mixed-energy fleet operators intend for at least 25% of their fleets to be comprised of electric vehicles (EVs) by 2030 and 42% stated that half or more of their fleet would be composed of EVs by 2030.
By WEX · Via Business Wire · September 18, 2024
WEX Board of Directors Authorizes $1 Billion Increase to Share Repurchase Program
WEX Inc. (NYSEWEX), 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 $1.0 billion worth of WEX’s common stock may be repurchased, expanding the total authorization to $2.05 billion through December 31, 2025.
By WEX · Via Business Wire · September 9, 2024
WEX Announces Entry Into a $300 Million Accelerated Share Repurchase Agreement
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced it has entered into an accelerated share repurchase (“ASR”) agreement with JPMorgan Chase Bank, National Association (“JPMorgan”) to repurchase an aggregate of $300 million of WEX’s outstanding common stock. WEX entered into the ASR under its existing $1.05 billion amended share repurchase authorization, which was announced in February 2024.
By WEX · Via Business Wire · July 29, 2024
WEX Inc. Reports Second Quarter 2024 Financial Results
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended June 30, 2024.
By WEX · Via Business Wire · July 25, 2024
WEX Inc. to Release Second Quarter 2024 Financial Results on July 25, 2024
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced it will report second quarter 2024 financial results before the market opens on Thursday, July 25, 2024. From WEX, Melissa Smith, Chair and Chief Executive Officer, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results.
By WEX · Via Business Wire · July 11, 2024
WEX Inc. Secures Preliminary Injunction Against HP
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, has obtained a preliminary injunction to stop the infringing conduct of HP Inc. and Hewlett-Packard Development Company, L.P. (collectively, “HP”) and to protect the WEX brand.
By WEX · Via Business Wire · July 10, 2024
WEX Names Sara Trickett as Chief Legal Officer and Corporate Secretary
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced that Sara Trickett, current Acting General Counsel and Assistant Corporate Secretary at WEX, has been appointed Chief Legal Officer and Corporate Secretary, effective June 4, 2024.
By WEX · Via Business Wire · June 5, 2024
WEX to Present at the William Blair Growth Stock Conference
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the William Blair Growth Stock Conference on Tuesday, June 4, 2024, at approximately 1:00 PM ET.
By WEX · Via Business Wire · May 21, 2024
WEX Reaches Agreement with Shell for Portfolio of Commercial Fleet Fuel Cards in North America
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced that it has reached an agreement with Shell to manage Shell’s portfolio of commercial fleet cards across North America, offering customers a full range of features, functionality, and solutions to meet the everyday demands of a modern commercial fleet. This represents a continuation of agreements first established in 2018 and covers the United States, Canada, and Mexico.
By WEX · Via Business Wire · May 7, 2024
WEX to Present at Upcoming Investor Conferences
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced that it will present at the following upcoming investor conferences:
By WEX · Via Business Wire · May 2, 2024
WEX Inc. Reports First Quarter 2024 Financial Results
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended March 31, 2024.
By WEX · Via Business Wire · April 25, 2024
WEX Signs Agreement with Leading Online Travel Platform Booking.com
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced that it has reached a new long-term agreement with Booking.com, effective April 2024. This agreement distinguishes WEX as Booking.com’s preferred virtual card provider as it continues providing WEX payment solutions in support of Booking.com’s payments vision to make buying and selling travel-related products and services easier for everyone.
By WEX · Via Business Wire · April 25, 2024
WEX Streamlines Commercial EV Adoption with General Availability of At-Home and En Route Charging Products
WEX (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced the general availability of WEX EV At-Home in the United States, an innovative, cutting edge solution that automates reporting and reimbursement for any organization with electric vehicles (EVs) that employees bring to their personal residence to charge overnight, the most cost effective way to charge. When coupled with WEX’s other commercial fleet innovations, including WEX En Route, business can seamlessly integrate mixed fleets of electric and traditionally fueled vehicles, supporting a balance of innovation, operational reliability, and efficiency at any stage of a company's transition to EVs.
By WEX · Via Business Wire · April 16, 2024
WEX Inc. to Release First Quarter 2024 Financial Results on April 25, 2024
WEX Inc. (NYSEWEX), the global commerce platform that simplifies the business of running a business, today announced it will report first quarter 2024 financial results before the market opens on Thursday, April 25, 2024. From WEX, Melissa Smith, Chair, Chief Executive Officer, and President, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results.
By WEX · Via Business Wire · April 10, 2024