SOUTH PORTLAND, Maine--(BUSINESS WIRE)--
WEX Inc. (WXS), a leading provider of corporate payment solutions, today announced that it will change its ticker symbol on the New York Stock Exchange to “WEX” from “WXS.” The change will become effective at the start of trading on April 15, 2013.
“We are delighted to begin trading under the ticker symbol ‘WEX’,” said Michael E. Dubyak, chairman, president and CEO of WEX Inc. “WEX better reflects our new brand built off of our company values of integrity, innovation and execution. In addition, it reinforces our brand recognition in the marketplace.”
Since its beginnings as a fleet card provider in 1983, through a successful initial public offering in 2005, WEX Inc. has grown to become an international company with 2012 revenues of approximately $623 million.
About WEX Inc.
WEX Inc. (WXS) is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing more than 7.6 million cardholders and offering exceptional payment security and control across a wide spectrum of business sectors. The Company’s operations include WEX Bank, Fleet One, Pacific Pride, rapid! PayCard, Wright Express Prepaid Cards Australia, Wright Express Fuel Cards Australia, Wright Express New Zealand and CorporatePay Limited, England, as well as a majority equity position in UNIK S.A., Brazil. WEX and its subsidiaries employ more than 1,300 associates. For more information about WEX, please visit www.wexinc.com.
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