NYSE:WEXDiversified Financial
A Look At WEX (WEX) Valuation After Governance Changes And A US$1b Share Repurchase Program
WEX (WEX) has drawn fresh attention after a governance overhaul that includes appointing independent director David Foss as chair, separating the chair and CEO roles, and authorizing a US$1.0b open ended share repurchase program.
See our latest analysis for WEX.
The governance reset and US$1.0b repurchase authorization have arrived after a weaker 30 day share price return of about negative 18% and a 3 year total shareholder return down roughly 21%, even though the stock has a small 1 year...