Willis Lease Finance (WLFC) Announces Shareholder Approval of Three-for-One Forward Stock Split

Willis Lease Finance Corporation (NASDAQ:WLFC) is one of the best cheap small cap stocks to buy now. Willis Lease Finance Corporation (NASDAQ:WLFC) announced on June 23 that its shareholders approved a three-for-one forward stock split of the company’s common stock, as well as a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. Management stated that the company’s Board of Directors also approved the split, which will be effected through an amendment to Willis Lease Finance Corporation’s (NASDAQ:WLFC) certificate of incorporation.

5 Largest Airlines in the World in 2024

The company further reported that all shareholders 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 upon effectiveness of the Amendment. It added that, subject to final approval by Nasdaq, the company expects trading to begin on a split-adjusted basis at market open on July 20, 2026. Charles F. Willis, Executive Chairman of Willis Lease Finance Corporation (NASDAQ:WLFC), also stated:

“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.”

Willis Lease Finance Corporation (NASDAQ:WLFC) provides aviation services and operating leases of aircraft engines, commercial aircraft, and other aircraft-related equipment to air carriers, manufacturers, and overhaul/repair facilities. The company’s operations are divided into Leasing and Related Operations, and Spare Parts Sales.

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