Willis Lease Finance Corporation filed a Form 8-K on October 30, 2026, disclosing a quarterly cash dividend declaration and a renewed and increased share repurchase program approved by its Board of Directors on October 28, 2026.

Key Highlights

  • Quarterly dividend declared: The Board declared a dividend of $0.15 per share of common stock outstanding.
  • Payment date: The dividend is expected to be paid on November 25, 2026, to stockholders of record as of the close of business on November 16, 2026.
  • Repurchase program size: The Board approved a renewed and increased share repurchase program for an aggregate purchase price of up to $200.0 million.
  • Program extension: The Share Repurchase Program has been extended through December 31, 2031.
  • Repurchase flexibility: Repurchases may occur in the open market, with or without a 10b5-1 plan, or through privately negotiated transactions, at management's discretion.
  • No purchase obligation: According to the filing, "The Company is not obligated to acquire any particular number of shares of common stock."

Willis Lease Finance Board Acts on Dividend and $200 Million Repurchase Renewal

Willis Lease Finance Corporation (NASDAQ:WLFC) reported that its Board of Directors took two capital-allocation actions on October 28, 2026. The first was the declaration of a quarterly cash dividend of $0.15 per share of common stock outstanding. The filing states the dividend is expected to be paid on November 25, 2026, to stockholders of record at the close of business on November 16, 2026.

The second action was the renewal and increase of the company's share repurchase program. The filing discloses that the Board approved a program under which Willis Lease Finance may repurchase its common stock for an aggregate purchase price of up to $200.0 million. The repurchase program has been extended through December 31, 2031. According to the filing, share repurchases may be made "at management's discretion from time to time in the open market (either with or without a 10b5-1 plan) or through privately negotiated transactions."

The filing notes that "the actual number of shares of common stock repurchased, and the timing and price of any repurchases, will depend on market conditions, applicable legal requirements and other factors." The program may also "be suspended, modified or discontinued at any time," the filing states. The 8-K was signed by Scott B. Flaherty, Executive Vice President and Chief Financial Officer, and a news release dated October 30, 2026, was attached as Exhibit 99.1.

What Was Disclosed

Willis Lease Finance Corporation disclosed a $0.15 per share quarterly dividend payable November 25, 2026, and a renewed share repurchase authorization of up to $200.0 million extended through December 31, 2031, both approved by the Board on October 28, 2026.