WEX Announces $1 Billion Share Repurchase Program

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a global leader in intelligent payment solutions, today announced that its Board of Directors has authorized a new share repurchase program under which up to $1 billion, plus any transaction expenses and excise taxes incurred, worth of WEX's common stock may be repurchased. “Our $1 billion share repurchase authorization reflects our Board's conviction in the intrinsic value of our stock and commitment to returning capital to shareholders and fu.