NYSE:WKCOil and Gas
World Kinect (WKC) Valuation Check After New $150 Million Buyback and Dividend Reaffirmation
World Kinect (WKC) just paired a fresh 150 million dollar share repurchase authorization with a reaffirmed 0.20 dollar quarterly dividend. This combination usually signals management is comfortable with cash generation and balance sheet flexibility.
See our latest analysis for World Kinect.
Even with the buyback and dividend decision, the stock has been drifting lower, with a roughly negative 10.6 percent year to date share price return and a mid single digit negative one year total...