0000793074false00007930742025-08-072025-08-07
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 (Date of earliest event reported):
August 7, 2025
WERNER ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
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| Nebraska |
0-14690 |
47-0648386 |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
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| 14507 Frontier Road |
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| Post Office Box 45308 |
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| Omaha |
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Nebraska |
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68145-0308 |
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(Zip Code) |
(402) 895-6640
(Registrant’s telephone number, including area code)
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 CFR240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR40.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
| Common Stock, $0.01 Par Value |
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WERN |
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The Nasdaq Stock Market LLC |
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 August 7, 2025, the Company's Board of Directors (the "Board") approved a new stock repurchase program under which the Company is authorized to repurchase up to 5 million shares of its common stock. Upon approval of the new program, the Board withdrew the previous stock repurchase authorization, which had approximately 1.8 million shares remaining available for repurchase. The Company may repurchase stock from time to time depending on market, economic and other factors. The new authorization will continue until the Board withdraws it.
On August 11, 2025, the Company issued a press release to announce these, among other, Board actions. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. Such exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section 18, nor shall such exhibit be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), unless the registrant expressly states that such exhibit is to be considered “filed” under the Exchange Act or incorporates such exhibit by specific reference in an Exchange Act or Securities Act filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
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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 hereunto duly authorized.
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WERNER ENTERPRISES, INC. |
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Date: August 11, 2025 |
By: |
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/s/ Christopher D. Wikoff |
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Christopher D. Wikoff |
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Executive Vice President, Treasurer and Chief Financial Officer |
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Date: August 11, 2025 |
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/s/ James L. Johnson |
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James L. Johnson |
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Executive Vice President and Chief Accounting Officer |
EX-99.1
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wern-8xk_202587xexhibit.htm
EX-99.1
Document
Exhibit 99.1
FOR IMMEDIATE RELEASE
WERNER ENTERPRISES ANNOUNCES NEW STOCK REPURCHASE
AUTHORIZATION AND QUARTERLY DIVIDEND
OMAHA, NEBRASKA, August 11, 2025 – Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies (the “Company”), is pleased to announce the following actions of its Board of Directors (the “Board”) on August 7, 2025:
Stock Repurchase Program
The Board approved a new stock repurchase program under which the Company is authorized to repurchase up to 5 million shares of its common stock. Upon approval of the new program, the Board withdrew the previous stock repurchase authorization, which had approximately 1.8 million shares remaining available for repurchase. The Company may repurchase stock from time to time depending on market, economic and other factors. The new authorization will continue until the Board withdraws it.
Quarterly Dividend
The Board declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share. This dividend will be paid on October 22, 2025 to stockholders of record at the close of business on October 6, 2025. The Company has paid a quarterly cash dividend to its stockholders every quarter since July 1987.
About Werner Enterprises
Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2024 revenues of $3.0 billion, a modern truck and trailer fleet, nearly 13,000 talented associates and our innovative Werner EDGE® technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner® provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. Werner embraces inclusion as a core value and manages key risks and opportunities through a balanced sustainability strategy.
Contact: Christopher D. Wikoff
Executive Vice President, Treasurer and Chief Financial Officer
(402) 894-3700
Source: Werner Enterprises, Inc.