Willis Lease Finance Corporation Shareholders Deliver Resounding Approval of 3-for-1 Stock Split and All 2026 Proxy Proposals
Rhea-AI Summary
Willis Lease Finance (NASDAQ: WLFC) shareholders approved a 3-for-1 forward stock split of the company’s common stock and a proportionate increase in authorized shares. The split, also approved by the Board, will be implemented via an amendment to the certificate of incorporation.
Shareholders of record on July 6, 2026 will receive two additional shares for each share held when the amendment becomes effective. Subject to Nasdaq’s final approval, WLFC expects trading on a split-adjusted basis to begin on July 20, 2026. All five proposals in the 2026 proxy were approved.
Positive
- Shareholders approved a 3-for-1 forward stock split of common stock
- Authorized common shares increased proportionately to accommodate the stock split
- Trading is expected to begin on a split-adjusted basis on July 20, 2026, subject to Nasdaq approval
- All five proposals in the 2026 proxy received shareholder approval
Negative
- None.
News Market Reaction – WLFC
In the Jun 24 session, WLFC gained 2.75%, reflecting a moderate positive market reaction. Argus tracked a peak move of +3.6% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 14 | Convertible notes pricing | Negative | -10.3% | Upsized 2.50% convertible notes and delta offering drove funding-related pressure. |
| May 13 | Convertible notes plan | Negative | -10.3% | Announcement of proposed 2031 convertible notes and hedging share offering. |
| May 05 | Q1 2026 earnings | Positive | +17.0% | Record lease rent and maintenance revenue with strong EBITDA and net income. |
| Apr 22 | Earnings call timing | Neutral | +1.0% | Scheduled first-quarter 2026 results release and conference call details. |
| Apr 01 | JOLCO financings | Positive | +3.1% | Closed two JOLCO financings supporting LEAP engines and diversifying funding. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
WLFC has generally moved in line with news tone, selling off on financing announcements while rallying strongly on earnings strength.
Key Terms
forward stock split financial
certificate of incorporation regulatory
record date financial
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
COCONUT CREEK, Fla., June 23, 2026 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (the “Company” or “WLFC”), the leading lessor of commercial aircraft engines and a global provider of aviation services, announced today that its shareholders approved a three-for-one forward stock split of the Company’s common stock and a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. The split was also approved by the Company’s Board of Directors and will be effected through an amendment to the Company’s certificate of incorporation (the “Amendment”).
“We are pleased that the 3-to-1 stock split proposal has passed with overwhelming shareholder support, as we believe this action is in the best interests of the Company and our shareholders," said Charles F. Willis, Executive Chairman of WLFC. "Including the stock split, all five proposals on our 2026 proxy were passed by shareholders. Over the past several years, we have built meaningful momentum across the business, further positioning the Company to capitalize on growth opportunities and create value for shareholders.”
Each shareholder of record as of the close of trading on July 6, 2026 (the “Record Date”) will receive, upon effectiveness of the Amendment, two additional shares for every one share held on the record date. Subject to final approval by Nasdaq, trading is expected to begin on a split-adjusted basis at market open on July 20, 2026.
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools, and asset management services through Willis Mitsui & Co. Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions, or circumstances on which the forward-looking statement is based, except as required by law.
The Company’s actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and the Company’s ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; the Company’s ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to the Company and its customers; the Company’s ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in the Company’s portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.
| CONTACT: | Scott B. Flaherty |
| Executive Vice President & Chief Financial Officer | |
| (561) 413-0112 |
