Willis Lease Finance Corporation (NASDAQ: WLFC) shareholders have approved a 3-for-1 forward stock split of the company's common stock and a proportionate increase in the number of authorized shares. The move aims to enhance liquidity and make shares more accessible to investors. All five proposals on the 2026 proxy were passed by shareholders, reflecting strong support for the company's strategic direction.

The stock split was approved by the company's Board of Directors and will be effected through an amendment to the certificate of incorporation. Each shareholder of record as of the close of trading on July 6, 2026, will receive 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.

Charles F. Willis, Executive Chairman of Willis Lease Finance Corporation, expressed satisfaction with the overwhelming shareholder support. He emphasized that the stock split is in the best interests of the company and its shareholders, aligning with efforts to capitalize on growth opportunities and create value.

Key Details of the Stock Split

Willis Lease Finance Corporation leases commercial aircraft engines and provides aviation services globally. Its integrated offerings include engine and aircraft trading, lease pools, and asset management through subsidiaries like Willis Mitsui & Co. Asset Management Limited. The company also provides maintenance, repair, and overhaul services via Willis Engine Repair Center, Jet Centre by Willis, and Willis Aviation Services Limited.