EXPD · 10-Q · 2026Q3 · Full report
Capital Return Program
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · 2026-11-04 · Importance 58 · Surprise 42 · No source text
Expeditors returned $197 million to shareholders through common-stock repurchases in the third quarter of 2026. The February 2026 discretionary repurchase plan authorizes management to repurchase up to $3.0 billion of common stock. In the third quarter, the company repurchased 1.1 million shares at an average price of $178.36; for the first nine months, it repurchased 5.4 million shares at an average price of $154.87. Financing cash outflows were $132 million in the quarter and $896 million for the nine-month period, compared with $150 million and $655 million in the respective 2025 periods.
Key facts
- Expeditors adopted a new discretionary stock repurchase program authorized by its Board of Directors in February 2026, allowing management to repurchase up to $3.0 billion of common stock. source
- Expeditors repurchased 5.4 million shares in the nine months ended September 30, 2026 at an average price of $154.87 per share, compared with 5.3 million shares at $116.10 per share in the same 2025 period. source
- Expeditors returned $197 million to shareholders through common stock repurchases in the third quarter of 2026. source
- Expeditors repurchased 1.1 million shares in the three months ended September 30, 2026 at an average price of $178.36 per share, compared with 1.8 million shares at $119.65 per share in the same 2025 period. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -22.0% | Expeditors adopted a new discretionary stock repurchase program authorized by its Board of Directors in February 2026, allowing management… |
| cash | negative | realized | -14.5% | Expeditors repurchased 5.4 million shares in the nine months ended September 30, 2026 at an average price of $154.87 per share, compared… |