Willis Lease Finance Corp Stock Split Approval
Willis Lease Finance Corporation (NASDAQ: WLFC) saw its shares rise 3.5% in after‑hours trading on Tuesday, 23 June 2026, after shareholders approved a three‑for‑one forward stock split and all five items on the 2026 proxy ballot.
The board of directors also approved a proportionate increase in the number of authorized shares, to be effected through an amendment to the company’s certificate of incorporation.
Shareholders of record at the close of trading on 6 July 2026 will receive two additional shares for each share held, resulting in a three‑for‑one split. Subject to final Nasdaq approval, trading on a split‑adjusted basis is expected to commence at the market open on 20 July 2026.
Executive Chairman Charles F. Willis said the split proposal passed with overwhelming shareholder support and is in the best interests of the company and its shareholders. He also confirmed that all five 2026 proxy proposals were approved.
Willis Lease Finance Corp specializes in leasing large and regional spare commercial aircraft engines and aircraft to airlines, engine manufacturers, and MRO providers worldwide, and additionally offers engine and aircraft trading, lease pools, asset‑management services, and end‑of‑life solutions for engines and aviation materials.