Fleetcor increases share repurchase program by $1B

Fleetcor expects to enter into a 10b5-1 plan, which supports the company’s plan to repurchase up to $800M of shares during 2024. On January 25, the board authorized an increase to the aggregate size of the company’s share repurchase program by $1.0B, with approximately $1.6B remaining, and extended the program through February 4, 2025.