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WEX (WEX) Buyback Yield % : 3.04 (As of Apr. 28, 2024)


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What is WEX Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

WEX's current buyback yield was 3.04%.

WEX Buyback Yield % Historical Data

The historical data trend for WEX's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WEX Buyback Yield % Chart

WEX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.00 - 4.00 3.72

WEX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 0.16 2.42 7.40 2.92

Competitive Comparison of WEX's Buyback Yield %

For the Software - Infrastructure subindustry, WEX's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WEX's Buyback Yield % Distribution in the Software Industry

For the Software industry and Technology sector, WEX's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where WEX's Buyback Yield % falls into.


WEX Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

WEX's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-303.4 + 0) / 8151.645
=3.72%

WEX's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (-73.6 + 0) * 4 / 10071.272
=2.92%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

WEX Buyback Yield % Related Terms

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WEX (WEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WEX Inc (NYSE:WEX) » Definitions » Buyback Yield %
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Traded in Other Exchanges
WL9:Germany
Address
1 Hancock Street, Portland, ME, USA, 04101
Website
https://www.wexinc.com
WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Fleet solutions, Travel & Corporate Solutions, and Health & Employee Benefit Solutions. Fleet Solutions, the largest segment by revenue, provides fleet vehicle payment-processing services for commercial and government fleets. Travel and corporate solutions offer business-to-business payment processing and transaction monitoring services. Health and employee benefit solutions generate revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
Executives
Jack Vanwoerkom director
Jennifer Kimball officer: Interim CFO C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Stephen Montgomery Smith director C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Robert Joseph Deshaies officer: President, WEX Health C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melanie J Tinto officer: Chief Human Resources Officer C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
James R Groch director 50 SOUTH 16TH STREET, SUITE 3000, PHILADELPHIA PA 19102
Carlos Carriedo officer: COO, International C/0 WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melissa D Goodwin officer: SVP, Finance and CFO C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Regina O Sommer director 201 JONES RD, WALTHAM MA 02451
David G Cooper officer: Chief Technology Officer C/O WEX INC., 9, SOUTH PORTLAND ME 04106
Hilary A Rapkin officer: SVP, Gen. Counsel & Corp. Sec. C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Derrick A. Roman director C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Jagtar Narula officer: Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Karen B. Stroup officer: Chief Digital Officer 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Bhavana Bartholf director C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106