Expeditors International of Washington, Inc. filed an 8-K current report on February 24, 2026, disclosing results of operations and financial condition. The company announced that its Board of Directors authorized a new share repurchase program on February 23, 2026, permitting repurchases of up to 3 billion dollars of common stock. This new authorization will take effect upon expiration of the current repurchase program approved on February 19, 2024, which allowed repurchases down to 130 million shares. According to available reports, Expeditors topped quarterly estimates on strong customs brokerage demand. The stock declined 8.9 percent following these announcements.
Read full analysisExpeditors International of Washington, Inc. filed an 8-K current report on February 24, 2026, disclosing results of operations and financial condition. The company announced that its Board of Directors authorized a new share repurchase program on February 23, 2026, permitting repurchases of up to 3 billion dollars of common stock. This new authorization will take effect upon expiration of the current repurchase program approved on February 19, 2024, which allowed repurchases down to 130 million shares. According to available reports, Expeditors topped quarterly estimates on strong customs brokerage demand. The stock declined 8.9 percent following these announcements.
Expeditors International is a Seattle-based global logistics and freight forwarding company that arranges the transport of goods by air, ocean, and ground, earning fees rather than owning transportation assets. As one of the largest non-asset-based freight brokers in the U.S., its margin profile is sensitive to trade volumes and competitive disruption — the stock plunged 13% on AI-disruption fears just two weeks ago. Today's Q4 earnings report appears to have validated some of those margin concerns, with investors selling sharply despite a headline revenue beat and a new $3 billion buyback authorization.