Expeditors announces new $3B share repurchase program, effective after current authorization ends

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

Board authorized $3B share repurchase program on February 23, 2026, effective upon expiration of current authorization.
Current authorization (from Feb 2024) allows repurchasing shares down to 130 million outstanding.
CFO Hackett cited excess cash from capital-efficient model and plans to return cash via dividends and buybacks.
Expeditors is a 'dividend aristocrat' aiming to continue returning substantial cash to shareholders.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.