EXPD · 10-Q · 2026Q2 · Full report

Capital Return Program

EXPEDITORS INTERNATIONAL OF WASHINGTON INC · 2026-08-05 · Importance 58 · Surprise 42 · Contradicted

Expeditors returned $461 million to shareholders through common-stock repurchases and dividends during the second quarter of 2026. The company repurchased 2.3 million shares during the quarter at an average price of $151.50 per share and 4.3 million shares during the first six months at an average price of $148.87. Cash used in financing activities was $474 million in the quarter and $764 million for the first six months, compared with $340 million and $506 million, respectively, in 2025. A February 2026 board-approved repurchase program supplements the discretionary plan targeting 130 million issued and outstanding shares.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-12.5%During the three and six months ended June 30, 2026, we repurchased 2.3 million and 4.3 million shares of common stock at an average price…
cashnegativerealized-2.2%We returned $461 million to shareholders through common stock repurchases and dividends in the second quarter of 2026.
cashnegativecommittedA new repurchase program was adopted as authorized by the Board of Directors in February 2026.