---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-066108"
form_type: "8-K"
ticker: "EXPD"
cik: "0000746515"
company_name: "EXPEDITORS INTERNATIONAL OF WASHINGTON INC"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:58:07.439965+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-066108
- form_type: 8-K
- ticker: EXPD
- cik: 0000746515
- company_name: EXPEDITORS INTERNATIONAL OF WASHINGTON INC
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746515/000119312526066108/0001193125-26-066108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746515/000119312526066108/expd-20260223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-066108
- JSON: https://secwatch.observer/filing/0001193125-26-066108.json
- Plain text: https://secwatch.observer/filing/0001193125-26-066108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.