Bill Ackman Eyes New Fund to Bet Against Market Complacency 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG 
OpenAI Addresses Security Vulnerability in macOS App Certification Process 
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions 
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20 
Rio Tinto's California Boron Assets Attract Over a Dozen Bidders, Valued at Up to $2 Billion 
SAN MATEO, Calif., Aug. 23, 2017 -- WageWorks, Inc. (NYSE: WAGE), a leading provider of consumer-directed benefit programs in the United States, celebrated its fifth anniversary since the company’s successful IPO on Tuesday, August 22, 2017 with the ringing of the closing bell of the New York Stock Exchange. Chairman and CEO, Joseph L. Jackson was joined by members of the company’s board of directors and senior management team to celebrate the occasion.
WageWorks administers Consumer-Directed Benefits, empowering employees to save money on taxes and also providing corporate tax advantages for employers. Its services include Flexible Spending Accounts, Health Savings Accounts and other employee benefits.
“Since being listed on the New York Stock Exchange five years ago, WageWorks has outperformed all of our industry competitors by executing on all fronts,” Joseph L. Jackson said. “By enhancing the quality of client service, delivering product innovations to improve the customer experience and continuing to break sales records, WageWorks has become the industry leader in administering Consumer-Directed Benefits. As a result of these achievements, investors have witnessed strong appreciation in the value of our stock.” WageWorks’ share price has increased by over 500 percent since the company’s initial public offering of 6,500,000 shares of common stock on the New York Stock Exchange in May of 2012.
Watch Joseph L. Jackson and members of WageWorks’ board of directors and senior management team ringing the closing bell here.
About WageWorks
WageWorks (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs). WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks makes it easier to understand and take advantage of Consumer-Directed Benefits for more than 100,000 employers and approximately 6.5 million people. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.
Media Contacts: Elizabeth Anderson VP, Corporate Communications 972-984-0800 [email protected] J.D. Whittenburg Director, Corporate Communications 214-596-2139 [email protected]
