EXPEDITORS INTERNATIONAL OF WASHINGTON INC 8-K
Research Summary
AI-generated summary
Expeditors International Announces Share Repurchase Authorization
What Happened Expeditors International of Washington, Inc. (EXPD) filed a Form 8‑K on February 24, 2026 (Item 8.01) announcing that the company has authorized repurchases of its common stock. The company furnished a press release describing the authorization as Exhibit 99.1 to the 8‑K. The report was signed by David A. Hackett, Senior Vice President and Chief Financial Officer.
Key Details
- Filing date: February 24, 2026 (Form 8‑K, Item 8.01 — Other Events).
- Event: Company announced an authorization to repurchase shares of its common stock.
- Exhibit: Press release dated February 24, 2026 furnished as Exhibit 99.1 to the 8‑K.
- Signature: Report signed by David A. Hackett, Sr. VP & Chief Financial Officer.
Why It Matters A share repurchase authorization signals that management intends to buy back outstanding shares, which can reduce share count and affect per‑share metrics (like earnings per share) depending on execution. The 8‑K itself does not disclose the size, timing, or funding source of the repurchase program; investors should review the furnished press release (Exhibit 99.1) and watch for further disclosures (e.g., planned buyback amount, timing, or repurchase completion updates) for details that could impact valuation and capital allocation.