World Kinect declares $0.20 dividend, authorizes $150M share buyback

World Kinect Corporation (NYSE: WKC) declared a quarterly cash dividend of $0.20 per share, payable January 16, 2026 to shareholders of record on December 15, 2025.

The board of directors also approved an additional $150 million share repurchase authorization. This new authorization adds to the company's existing program, 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 occur through open market transactions or privately negotiated deals. The timing and amount of shares to be repurchased will depend on market conditions, share price, securities law requirements and other factors. The program does not require purchasing a minimum number of shares, has no expiration date and may be initiated, suspended or discontinued without prior notice.

World Kinect Corporation is a Miami-based global energy management company that provides fulfillment and related services to customers in aviation, marine and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe, along with sustainability-related products and services.

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