WELLS FARGO & CO
8-K, 1998-06-11
NATIONAL COMMERCIAL BANKS
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                         SECURITIES AND EXCHANGE COMMISSION
                                          
                               Washington, D.C. 20549
                                          
                                      FORM 8-K
                                          
                                   CURRENT REPORT
                                          
                                          
                       Pursuant to Section 13 or 15(d) of the
                          Securities Exchange Act of 1934
                                          
                                          
          Date of Report (date of earliest event reported):  June 7, 1998
                                          
                                          
                                          
                               WELLS FARGO & COMPANY
               (Exact name of registrant as specified in its charter)
 
 
             Delaware                   1-6214              No. 13-2553920
     (State or other jurisdiction  (Commission File         (IRS Employer
          of incorporation)             Number)           Identification No.)


               420 Montgomery Street, San Francisco, California 94163
                (Address of principal executive offices)  (Zip Code)
                                          
                                          
        Registrant's telephone number, including area code:  1-800-411-4932
                                          
                                          
                                   Not applicable
           (Former name or former address, if changed since last report)
                                          

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Item 5:   OTHER EVENTS
     
               Attached hereto as Exhibit 99 is the Press Release announcing
               that Wells Fargo & Company has rescinded, effective June 7, 1998,
               all of its share repurchase programs.

Item 7:   FINANCIAL STATEMENTS AND EXHIBITS

          (c)  Exhibits

               99   Copy of the Press Release announcing the rescission of all
                    of Wells Fargo & Company's share repurchase programs


                                      SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, on June 11, 1998.


                                   WELLS FARGO & COMPANY



                                   By:  FRANK A. MOESLEIN
                                      -----------------------------------
                                        Frank A. Moeslein
                                        Executive Vice President and Controller


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EXHIBIT 99


                                                       Kim Kellogg
                                                       (415) 396-3606


FOR IMMEDIATE RELEASE
- ---------------------
THURS., JUNE 11, 1998



WELLS FARGO & CO. RESCINDS SHARE REPURCHASE PROGRAM


SAN FRANCISCO -Wells Fargo & Co. (NYSE: WFC) today announced it has rescinded,
effective June 7, 1998, all of its share repurchase programs.


     Wells Fargo & Co. and Norwest Corporation (NYSE: NOB) announced Monday, 
June 8, that they had signed a definitive agreement for a merger of equals.

                                          
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