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