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EX-99.1 - EXHIBIT 99.1 - WORLD FUEL SERVICES CORPa51694432ex99_1.htm


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934



Date of Report (Date of earliest event reported):  October 4, 2017

WORLD FUEL SERVICES CORPORATION
(Exact name of registrant as specified in its charter)

Florida

1-9533

59-2459427

(State or other jurisdiction of

incorporation)

(Commission File

Number)

(I.R.S. Employer

Identification No.)


9800 N.W. 41st Street

Miami, FL

33178

(Address of principal executive offices)

(Zip Code)


Registrant’s telephone number, including area code: (305) 428-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [   ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [   ]


Item 7.01.      Regulation FD Disclosure

World Fuel Services Corporation (the “Company”) announced today 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.  In addition, the Company announced that its board of directors has declared a quarterly cash dividend of $0.06 per share payable on November 6, 2017 to shareholders of record on October 16, 2017.  A copy of the press release is attached hereto as Exhibit 99.1.  

Item 9.01.      Financial Statements and Exhibits

(d)       Exhibits

  Exhibit No.         Description

        99.1               Press Release, dated October 4, 2017.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date:

October 4, 2017

World Fuel Services Corporation

 
 

/s/ R. Alexander Lake

 

 

R. Alexander Lake

Executive Vice President, Chief Legal Officer and

Corporate Secretary


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