---
schema_version: "secwatch.filing_event.v1"
accession: "0001309108-24-000178"
form_type: "8-K"
ticker: "WEX"
cik: "0001309108"
company_name: "WEX Inc."
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:39:33.870085+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WEX enters $300M accelerated share repurchase agreement with JPMorgan

## Summary
- ASR under existing $1.05B buyback authorization announced Feb 2024; $300M initial payment to JPMorgan.
- Initial delivery of ~1.3M shares based on $180.44 closing price, ~80% of expected total.
- Final share count based on VWAP less discount; final settlement expected in Q4 2024.
- Repurchase immediately reduces outstanding shares, supporting EPS accretion.

## SEC filing metadata
- accession: 0001309108-24-000178
- form_type: 8-K
- ticker: WEX
- cik: 0001309108
- company_name: WEX Inc.
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309108/000130910824000178/0001309108-24-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309108/000130910824000178/wex-20240729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309108-24-000178
- JSON: https://secwatch.observer/filing/0001309108-24-000178.json
- Plain text: https://secwatch.observer/filing/0001309108-24-000178.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.