World Fuel Services Corporation Announces Renewal of Share Repurchase Program and Regular Quarterly Cash Dividend
October 04 2017 - 5:00PM
Business Wire
World Fuel Services Corporation (NYSE:INT) today announced that
its Board of Directors has renewed the company’s share repurchase
program, authorizing the purchase of up to $100 million in common
stock. This board action replaces the previously announced
September 2016 share repurchase authorization.
Share repurchases may be made from time to time in the open
market or through privately negotiated transactions. The timing and
amount of shares to be repurchased under the program will depend on
market conditions, share price, securities law and other legal
requirements and factors. The program does not require the purchase
of any minimum number of shares, has no expiration date and may be
suspended or discontinued at any time without prior notice.
In addition, the Company’s Board of Directors also declared its
quarterly cash dividend of $0.06 per share payable on November 6,
2017 to shareholders of record on October 16, 2017.
About World Fuel Services
Corporation
Headquartered in Miami, Florida, World Fuel Services is a global
energy management company involved in providing energy procurement
advisory services, supply fulfillment and transaction and payment
management solutions to commercial and industrial customers,
principally in the aviation, marine and land transportation
industries. World Fuel Services sells fuel and delivers services to
its clients at more than 8,000 locations in more than 200 countries
and territories worldwide.
For more information, call 305-428-8000 or visit
www.wfscorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171004006390/en/
World Fuel Services CorporationIra M. Birns,
305-428-8000Executive Vice President & Chief Financial
OfficerorGlenn Klevitz, 305-428-8000Vice President, Assistant
Treasurer
World Fuel Services (NYSE:INT)
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