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UNITED STATES
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): April 27, 1999
WELLS FARGO & COMPANY
(Exact name of registrant as specified in its charter)
Delaware 001-2979 No. 41-0449260
(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 from last report)
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Item 5: OTHER EVENTS
Attached hereto as Exhibit 99 are the Press Releases announcing:
(a) Wells Fargo & Company's additional share repurchase authorization
(b) An increase in Wells Fargo & Company's common stock dividend
Item 7: FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99 (a) Copy of the Press Release announcing Wells Fargo &
Company's additional share repurchase authorization
(b) Copy of the Press Release announcing an increase in
Wells Fargo & Company's common stock dividend
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 April 28, 1999.
WELLS FARGO & COMPANY
By: /s/ LES L. QUOCK
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Les L. Quock
Senior Vice President and Controller
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Media
-----
Larry Haeg
(415) 396-3070
Investors
---------
Bob Strickland
(415) 396-0523
Exhibit 99(a)
WELLS FARGO & COMPANY APPROVES PURCHASES
OF UP TO NINE MILLION SHARES OF COMMON STOCK
San Francisco --- April 27, 1999 --- Wells Fargo & Company's (NYSE:WFC)
(Company) Board of Directors today authorized the Company to acquire, from
time to time, up to an additional nine million shares of Wells Fargo common
stock. The Company has approximately 1.7 billion shares of common stock
outstanding.
The shares, to be purchased at market price, are part of the Company's
systematic pattern of common stock repurchases to meet the periodic common stock
issuance requirements of the Company's benefit plans and other stock issuance
requirements, including acquisitions accounted for as purchases.
Wells Fargo & Company is a $201 billion diversified financial services company
providing banking, insurance, investments, mortgage and consumer finance through
almost 6,000 stores and other distribution channels across North America,
including all 50 states, and elsewhere internationally.
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Media
-----
Larry Haeg
(415) 396-3070
Investors
---------
Bob Strickland
(415) 396-0523
Exhibit 99(b)
WELLS FARGO & COMPANY INCREASES CASH DIVIDEND
San Francisco --- April 27, 1999 --- Wells Fargo & Company (NYSE: WFC) today
announced an increase in its quarterly common stock dividend to 20 cents per
share from 18.5 cents per share. The dividend is payable on June 1, 1999 to
stockholders of record on May 7, 1999.
Wells Fargo's last dividend increase was effective September 1, 1998 when the
dividend was raised from 16.5 cents per share to 18.5 cents. Wells Fargo has
approximately 1.7 billion shares of common stock outstanding.
Wells Fargo & Company is a $201 billion diversified financial services company
providing banking, insurance, investments, mortgage and consumer finance through
almost 6,000 stores and other distribution channels across North America,
including all 50 states, and elsewhere internationally.
