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WEX Announces Final Results of Tender Offer

1. WEX completed a modified Dutch auction tender offer for 4,891,736 shares. 2. The offer's outcome could influence WEX's stock supply and pricing dynamics.

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FAQ

Why Bullish?

Tender offers can indicate strong management confidence. Historical data shows that similar actions generally support stock prices due to reduced share counts.

How important is it?

The announcement is directly linked to WEX’s financial health, affecting investor perceptions and stock liquidity.

Why Short Term?

The impact of this tender offer will likely be immediate as market reactions occur post-announcement. Previous auctions showed quick price adjustments made by investors.

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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 offer, a total of 4,891,736 shares of WEX's common stock, par value $0.01 per share (each share of WE.

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