-

World Kinect Corporation Declares Regular Quarterly Cash Dividend and Announces Additional $150 Million Share Repurchase Authorization

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on January 16, 2026 to shareholders of record on December 15, 2025.

Additionally, the board of directors approved an additional $150 million share repurchase authorization. The new authorization is in addition to the Company’s previous authorization, which had approximately $192 million remaining as of September 30, 2025.

“This additional share repurchase authorization underscores our confidence in the company’s financial health and disciplined approach to capital allocation,” said Mike Tejada, Executive Vice President and Chief Financial Officer. “We remain committed to pursuing strategic investments while continuing to return capital to our shareholders through buybacks and dividends.”

Share repurchases may be made from time to time in the open market or through privately negotiated transactions. The timing and amount of shares to be repurchased under the program will depend on market conditions, share price, securities law and other legal requirements and factors. The program does not require the purchase of any minimum number of shares, has no expiration date and repurchases may be initiated, suspended or discontinued at any time without prior notice.

About World Kinect Corporation

Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a global energy management company offering fulfillment and related services to customers across the aviation, marine, and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe along with a broad suite of sustainability-related products and services.

For more information, visit www.world-kinect.com.

Contacts

Braulio Medrano, Senior Director FP&A and Investor Relations
investor@worldkinect.com

World Kinect Corporation

NYSE:WKC
Details
Headquarters: Miami, Florida, USA
CEO: Michael Kasbar
Employees: 5,000+
Organization: PUB

Release Versions

Contacts

Braulio Medrano, Senior Director FP&A and Investor Relations
investor@worldkinect.com

More News From World Kinect Corporation

World Kinect Corporation Extends $2 Billion Credit Facility to 2030

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today announced the amendment and extension of its $2 billion senior unsecured credit facility, which includes both a revolving credit facility and a term loan. The maturity date has been extended to November 2030, with an option to further extend to November 2031, subject to lender consent. Led by Bank of America, the facility reflects continued strong support from a diversified syndicate of global financial institutions and reinforc...

World Kinect Corporation Completes Acquisition of Universal Weather and Aviation's Trip Support Services Business

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today announced that it has completed its previously announced acquisition of the Trip Support Services (TSS) division of Universal Weather and Aviation. Universal Weather, headquartered in Houston, Texas, has been a pioneer in trip support services with deep expertise in international travel regulations, logistics, and supply chain management. Its trip support business has enabled thousands of business and general aviation operators...

World Kinect Corporation Reports Third Quarter 2025 Results

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the third quarter of 2025. Third Quarter 2025 Highlights Gross profit of $250 million GAAP net income of $26 million, or $0.46 per diluted share Adjusted net income of $30 million, or $0.54 per diluted share Adjusted EBITDA of $94 million Generated $116 million of operating cash flow Free cash flow of $102 million Year-Over-Year Segment Profitability Aviation – Gross profit of $143 million, an incr...
Back to Newsroom