Expeditors International Board Sets New $3 Billion Stock Buyback

Dow Jones

Feb 24

By Colin Kellaher

Expeditors International's board has approved a new $3 billion share-repurchase program.

Expeditors on Tuesday said the new buyback authorization will be effective upon the expiration of a February 2024 program allowing the Bellevue, Wash., company to repurchase stock in order to reduce shares outstanding to 130 million.

Expeditors, which had about 134 million shares outstanding as of Nov. 3, 2025, sports a market capitalization of around $20 billion.

The company bought back 5.6 million shares in 2025.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 24, 2026 08:40 ET (13:40 GMT)

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