World Kinect (WKC) authorized an additional $150 million in share repurchases and maintained its quarterly dividend.
An existing buyback program had $192 million remaining as of Sept. 30, World Kinect said Thursday in a statement.
The dividend of $0.20 a share is payable Jan. 16 to holders of record Dec. 15.
World Kinect shares rose 1.1% in after-hours trading.
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