Willis Lease Finance said shareholders approved a 3-for-1 forward stock split, along with a proportional increase in authorized common shares, at the company’s 2026 annual meeting.
The company said the split will give each shareholder of record on July 6, 2026, two additional shares for every one share held. If Nasdaq gives final approval, trading on a split-adjusted basis is expected to begin at the market open on July 20, 2026.
Willis Lease said all five proposals on its 2026 proxy were approved. The company did not disclose vote totals in the release.
Executive Chairman Charles F. Willis said the stock split proposal passed with “overwhelming shareholder support” and said the company has built “meaningful momentum” over the past several years.
Willis Lease Finance is a lessor of commercial aircraft engines and also provides aviation services, including engine and aircraft leasing, trading, asset management, maintenance, disassembly, storage, and ground handling. As a result of these announcements, the company's shares have moved 2.57% on the market, and are now trading at a price of $215.90. If you want to know more, read the company's complete 8-K report here.
