Company: WKC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000789460-25-000019
Chunk: 141

Company: WORLD KINECT CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 141
---
10 $226,739 5/1/2025 - 5/31/20251,304 26.06 1,304 192,739 6/1/2025 - 6/30/202536 27.61 36 191,739 Total1,350 $26.12 1,350 $191,739 

(1)    The average price paid per share excludes the impact of the 1% Federal excise tax owed pursuant to the Inflation Reduction Act.

(2)    On March 16, 2020, we announced that our Board approved a stock repurchase program authorizing $200.0 million in common stock repurchases. On September 9, 2024, we announced that our Board approved an additional stock repurchase program authorizing $200.0 million in common stock repurchases. These repurchase authorizations do not require a minimum number of shares of common stock to be purchased, have no expiration date, and repurchases may be initiated, suspended or discontinued at any time. As of June 30, 2025, approximately $191.7 million remained available under our repurchase authorizations. The timing and amount of our repurchases will depend on market conditions, share price, securities law and other legal requirements and factors.

38

Item 5.     Other Information

Rule 10b5-1 Trading Plans

During the three months ended June 30, 2025, none of our officers (as defined in Rule 16a-1(f) of the Exchange Act) or directors adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation S-K.

Item 6.     Exhibits 

The exhibits set forth in the following index of exhibits are filed as part of this 10-Q Report:

Exhibit No.Description10.1World Kinect Corporation Form of Director Indemnification Agreement (incorporated by reference herein from Exhibit 99.2 to our Current Report on Form 8-K filed on April 25, 2025)10.2World Kinect Corporation 2025 Omnibus Plan (incorporated by reference herein from Annex A to the Company's Proxy Statement on Schedule 14A filed on April 25, 2025)*31.1Certification of the