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Willis Towers Watson Public Limited Company 8-K Filings

WTW NASDAQ

Every 8-K that Willis Towers Watson Public Limited Company (WTW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow WTW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WTW filings page.

Rhea-AI Summary

Willis Towers Watson Public Limited Company reported second-quarter 2026 revenue of $2.47 billion, up 9% year over year and 5% on an organic basis. Net income was $231 million, with diluted EPS of $2.43, down 27%, while adjusted diluted EPS rose 17% to $3.35. Operating margin was 14.8%, down 150 basis points, and adjusted operating margin improved to 19.5%, up 100 basis points. Adjusted EBITDA reached $529 million, a 21.5% margin.

For the first half of 2026, free cash flow was $360 million, up from $217 million, as cash from operations increased to $474 million. Health, Wealth & Career delivered $1.27 billion of revenue with a 24.1% margin, and Risk & Broking $1.16 billion with a 22.2% margin. The board increased share repurchase authority by $1.5 billion, and the company repurchased 1,733,574 shares for $450 million in the quarter. WTW also announced Propel, an AI Acceleration Plan expected to invest approximately $625 million of cash and $25 million of non-cash charges to generate about $400 million in run-rate savings and target roughly 30% adjusted operating margin in 2028, while maintaining full-year 2026 guidance.

Rhea-AI Summary

Willis Towers Watson reported the results of its 2026 Annual General Meeting of Shareholders, where all proposals were approved. Shareholder turnout was high, with 87,424,851 ordinary shares represented, about 92.8% of the 94,203,101 shares outstanding and entitled to vote as of March 23, 2026.

Shareholders elected all director nominees and ratified, on an advisory basis, Deloitte & Touche LLP and Deloitte Ireland LLP as auditors, authorizing the Board’s Audit Committee to set their remuneration. They also approved, on an advisory basis, the compensation of named executive officers.

In addition, shareholders renewed the Board’s authority under Irish law to issue shares and to opt out of statutory pre-emption rights for rights issues and certain issuances up to approximately 20% of issued share capital. They approved the WTW Amended and Restated Employee Share Purchase Plan, including an increase in shares authorized for issuance under the plan.

Rhea-AI Summary

Willis Towers Watson reported solid first-quarter 2026 growth with stronger profitability. Revenue rose 8% to $2.41 billion, with 3% organic growth, while net income increased 27% to $303 million. Diluted EPS grew 33% to $3.10 and adjusted diluted EPS rose 19% to $3.72, reflecting operating discipline.

Operating margin was 18.6%, down 80 bps, but adjusted operating margin improved 70 bps to 22.3% as cost controls and efficiency gains offset higher transaction and integration expenses. Health, Wealth & Career and Risk & Broking each delivered 9% reported revenue growth and 60 bps margin expansion.

Free cash flow remained negative at $(65) million, though it improved by $21 million year over year. The company repurchased $300 million of shares and paid $88 million in dividends, and it targets continued annual margin expansion, higher free cash flow margins and at least $1.0 billion of 2026 share repurchases, alongside the Newfront acquisition and the Willis Re joint venture effects on earnings.

Rhea-AI Summary

Willis Towers Watson Public Limited Company furnished an update on its recent performance by making public its financial results for the period ended December 31, 2025. The company released these results through a press release and an accompanying investor slide presentation.

The press release, attached as Exhibit 99.1, includes a reconciliation of certain non-GAAP financial measures to reported results, helping readers compare adjusted metrics with standard accounting figures. A slide deck used for discussing the results on a conference call is attached as Exhibit 99.2. Both exhibits are furnished rather than filed, which limits their use under U.S. securities laws.

Rhea-AI Summary

Willis Towers Watson Public Limited Company announced that it has completed its previously announced acquisition of Newfront Insurance Holdings, Inc. The company disclosed the closing through a press release dated January 27, 2026, which is included as an exhibit to this report and incorporated by reference for further details.

The press release is being furnished rather than filed under U.S. securities laws, which means it is provided for informational purposes without triggering certain statutory liabilities or automatic incorporation into other securities offering documents.

Rhea-AI Summary

Willis Towers Watson Public Limited Company entered into a new $775,000,000 delayed draw term loan facility with JPMorgan Chase Bank and other lenders through subsidiaries Trinity Acquisition plc and Willis North America Inc. The credit facility will mature on the earlier of the third anniversary of the initial borrowing or the third anniversary of the date that is two months after the consummation of the planned Newfront Acquisition. Proceeds may be used to fund part of the Newfront Acquisition, refinance existing debt, and support working capital, capital expenditures, permitted acquisitions and other corporate purposes.

Borrowings will bear interest, at the borrowers’ option, at Term SOFR plus a margin or at a base rate plus a smaller margin, in each case determined by WTW’s senior unsecured long-term debt rating, and a commitment fee applies to unused commitments. The facility can be drawn in up to four borrowings during a defined period tied to the Newfront Acquisition and allows voluntary prepayments above set minimums without penalty. The obligations are guaranteed by WTW and certain subsidiaries under a guaranty agreement, are subject to customary covenants and events of default, and are unsecured.

Rhea-AI Summary

Willis Towers Watson PLC, through its subsidiary Willis North America Inc., priced a public offering of $700,000,000 aggregate principal amount of 4.550% Senior Notes due 2031 and $300,000,000 aggregate principal amount of 5.150% Senior Notes due 2036. The notes will be fully and unconditionally guaranteed by Willis Towers Watson Public Limited Company and several affiliated holding companies.

The company expects net proceeds of approximately $990 million after underwriting discounts and expenses. If the previously announced Newfront acquisition closes, the proceeds, with other funding sources or cash on hand, are intended to fund the acquisition and related costs and to repay $550 million of 4.400% senior notes due 2026, fully retiring that issue. If the acquisition does not close, the company plans to use the proceeds and cash on hand to repay the 2026 notes in full and redeem the 2036 notes under a special mandatory redemption, with any remaining funds used for general corporate purposes. The offering is expected to close on December 22, 2025, and is not contingent on the acquisition.

Rhea-AI Summary

Willis Towers Watson (WTW) filed an Amendment No. 1 to its current report to correct a typo in the Operating Margin Percentage shown in the Risk & Broking (R&B) table of its earnings press release (Exhibit 99.1) for the period ended September 30, 2025. The company states no other changes were made to the original report.

The updated Exhibit 99.1 is furnished, not filed, under the Exchange Act, and is therefore not subject to Section 18 liability nor incorporated by reference unless specifically stated.

Rhea-AI Summary

Willis Towers Watson (WTW) furnished an update on its quarterly performance, announcing financial results for the period ended September 30, 2025. The company provided a press release as Exhibit 99.1 and an investor slide presentation as Exhibit 99.2, and noted that these materials include a reconciliation of certain non-GAAP measures to reported results. The information in Items 2.02 and 7.01 was furnished, not filed, under the Exchange Act.

Rhea-AI Summary

Willis Towers Watson (WTW) entered into a new $1,500,000,000 revolving credit facility with a maturity on October 17, 2030. The agreement, with Barclays Bank PLC as administrative agent, replaces the company’s prior 2021 facility and makes borrowings available for working capital, capital expenditures, permitted acquisitions and other lawful corporate purposes.

Borrowings will accrue interest, at WTW’s option, at a Term Benchmark or Daily Simple RFR plus 0.750%–1.375%, or at a Base Rate (defined by prime, Fed Funds +0.50%, or Term SOFR +1.00%, whichever is highest) plus 0.00%–0.375%, in each case based on WTW’s senior unsecured debt rating. Trinity Acquisition plc will also pay a commitment fee of 0.065%–0.150% on undrawn amounts and a letter of credit fee of 0.750%–1.375%.

The facility permits voluntary prepayments without penalty in amounts over $5,000,000 (or $1,000,000 multiples), and includes customary covenants and events of default. Obligations are guaranteed by WTW and certain subsidiaries under a restated guaranty; WTW’s obligations are unsecured.