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Fleetcor Technologies Inc - FLT STOCK NEWS

Welcome to our dedicated news page for Fleetcor Technologies (Ticker: FLT), a resource for investors and traders seeking the latest updates and insights on Fleetcor Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fleetcor Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fleetcor Technologies's position in the market.

Rhea-AI Summary
AC Milan announces partnership with Corpay1 as the Official Commercial Foreign Exchange Partner
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-2.34%
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Corpay1 launches Payments GPS, a proprietary tracking technology for cross-border payments, providing real-time status updates and transparency.
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-0.21%
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Rhea-AI Summary
Corpay1 partners with Aston Villa FC as their Official Commercial Foreign Exchange (FX) Partner
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0.84%
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News
Rhea-AI Summary
FLEETCOR Technologies, Inc. (NYSE: FLT) announced the sale of its Russia business to a local investment group, divesting all operations in Russia. The company also launched a $450 million Accelerated Share Repurchase (ASR) program with Bank of America, N.A. to repurchase shares of common stock. Approximately 80% of the shares expected to be repurchased will be received by FLEETCOR on August 21, 2023, with the total number of shares ultimately repurchased to be determined upon final settlement. The ASR is anticipated to be completed by the end of the third quarter of 2023.
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6.34%
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FLT: FLEETCOR Technologies, Inc. announces appointment of Gerald Throop to its Board of Directors and retirement of long-tenured director, Mike Buckman. Throop brings extensive financial services experience and is the third new Director appointed this year as part of FLEETCOR’s Board refreshment initiative.
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0.87%
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management
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Corpay1, a FLEETCOR brand, has launched Netting Manager, a solution that streamlines the settlement process of internal invoices for corporations with global subsidiaries. Netting Manager simplifies intercompany netting, reducing costs and improving efficiency for businesses. It also provides visibility into consolidated foreign exchange exposures. The solution is easy to use and integrates with core accounting systems.
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0.28%
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FLEETCOR Technologies, Inc. (NYSE: FLT) announced a conference call to discuss second quarter 2023 financial results on August 8, 2023. The call will be hosted by CEO Ron Clarke, CFO Tom Panther, and investor relations head Jim Eglseder. A press release with financial results will be issued after the market close. The call will be webcast live and accessible via phone, with a replay available until August 15, 2023.
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-0.28%
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FLEETCOR Technologies, Inc. has received a court order in the FTC marketing practices and disclosure case. The order limits injunctive relief to FLEETCOR's fuel card business in the US and requires the implementation of disclosure practices. FLEETCOR intends to comply and believes the order will not materially affect its financial performance.
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0.45%
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Fleetcor Technologies Inc

NYSE:FLT

FLT Rankings

FLT Stock Data

21.79B
69.36M
1.56%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
US
Atlanta

About FLT

fleetcor is a leading global provider of fuel cards and specialized payment products to businesses. fleetcor's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. fleetcor serves over 500,000 commercial accounts with millions of cardholders across the united states, canada, mexico, europe, africa and asia. for more information, please visit www.fleetcor.com. we have developed an extremely successful company based on our core principles; determination, drive, outstanding value, industry leading products, and quality people. as a result fleetcor has grown more than 40% over the last 10 years and is the world's largest provider of commercial fleet card programs. through our organic growth initiatives, strategic acquisitions, and solid business acumen, that growth will continue. to maintain our top position in the industry, it is vital to continual