8-K
EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)
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: November 8, 2022 (Date of earliest event reported)
EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.
(Exact name of registrant as specified in its charter)
| Washington | 000-13468 | 91-1069248 |
|---|---|---|
| (State or Other Jurisdiction<br><br><br>of Incorporation) | (Commission File No) | (IRS Employer<br><br><br>Identification Number) |
| 1015 Third Avenue,<br><br><br>Seattle, Washington | 98104 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (206) 674-3400
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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading<br><br><br>Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.01 per share | EXPD | NASDAQ Global Select Market |
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 8.01 Other Events.
On November 8, 2022 Expeditors International of Washington, Inc., a Washington corporation, issued a press release announcing a semi-annual cash dividend. A copy of the press release is furnished as Exhibit 99.1 to this report.
Item 9.01 Financial Statements and Exhibits.
| (d) | The following items are filed as exhibits to this report: |
|---|---|
| 99.1 | Press release, dated November 8, 2022 issued by Expeditors International of Washington, Inc. |
| --- | --- |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.
| November 8, 2022 | /s/ BRADLEY S. POWELL |
|---|---|
| Bradley S. Powell, | |
| Senior Vice President and Chief Financial Officer |
expd-ex991_6.htm
Exhibit 99.1
PRESS RELEASE
| By: | Expeditors International of Washington, Inc. | ||
|---|---|---|---|
| 1015 Third Avenue | |||
| Seattle, Washington 98104 | |||
| CONTACTS: | |||
| Jeffrey S. Musser | Bradley S. Powell | Geoffrey Buscher | |
| President and Chief Executive Officer | Senior Vice President and Chief Financial Officer | Director - Investor Relations | |
| (206) 674-3433 | (206) 674-3412 | (206) 892-4510 |
FOR IMMEDIATE RELEASE
_____________________________________________________________________________________________
EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $0.67
SEATTLE, WASHINGTON – November 8, 2022, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 7, 2022 its Board of Directors declared a semi-annual cash dividend of $0.67 per share, payable on December 15, 2022 to shareholders of record as of December 1, 2022.
Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions.