WELLS FARGO & CO/MN
8-K, 1999-09-29
NATIONAL COMMERCIAL BANKS
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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): September 28, 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 since last report)

<PAGE>

Item 5:    OTHER EVENTS

           Attached hereto as Exhibit 99 is a Press Release announcing Wells
           Fargo & Company's additional share repurchase authorization.

Item 7:    FINANCIAL STATEMENTS AND EXHIBITS

           (c)    Exhibits

                  99     Copy of the Press Release announcing Wells Fargo &
                         Company's additional share repurchase authorization




                                    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 September 29, 1999.

                                    WELLS FARGO & COMPANY



                                    By:   LES L. QUOCK
                                          -------------------------------------
                                          Les L. Quock
                                          Senior Vice President and Controller

<PAGE>

                                                                           MEDIA
                                                                      Larry Haeg
                                                                    415-396-3070

                                                                        INVESTOR
                                                            Robert S. Strickland
                                                                    415-396-0523


Exhibit 99

                        WELLS FARGO & COMPANY AUTHORIZES
                    BUYBACK OF UP TO 82 MILLION COMMON SHARES

SAN FRANCISCO, September 28, 1999 -- Wells Fargo & Company's (NYSE: WFC) Board
of Directors today authorized the Company to acquire, from time to time, up to
82 million shares of the Company's issued and outstanding common stock. This is
about five percent of the Company's 1.7 billion shares of outstanding common
stock.

These 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 for benefit plans and conversion of convertible
securities, and for other Company purposes, including acquisitions accounted for
as purchases and for managing the Company's capital position.

Wells Fargo & Company is a $205 billion diversified financial services company
providing banking, insurance, investments, mortgage and consumer finance through
almost 6,000 stores, the Internet and other distribution channels across North
America, including all 50 states, and elsewhere internationally.

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