World Fuel Services Corporation Announces Renewal of Share Repurchase Program and Regular Quarterly Cash Dividend

MIAMI--(BUSINESS WIRE)--Oct. 4, 2017--
World Fuel Services Corporation (NYSE:INT) today announced that its
Board of Directors has renewed the company’s share repurchase program,
authorizing the purchase of up to $100 million in common stock. This
board action replaces the previously announced September 2016 share
repurchase authorization.

Share repurchases may be made from time to time in the open market or
through privately negotiated transactions. The timing and amount of
shares to be repurchased under the program will depend on market
conditions, share price, securities law and other legal requirements and
factors. The program does not require the purchase of any minimum number
of shares, has no expiration date and may be suspended or discontinued
at any time without prior notice.

In addition, the Company’s Board of Directors also declared its
quarterly cash dividend of $0.06 per share payable on November 6, 2017
to shareholders of record on October 16, 2017.

About World Fuel Services Corporation

Headquartered in Miami, Florida, World Fuel Services is a global energy
management company involved in providing energy procurement advisory
services, supply fulfillment and transaction and payment management
solutions to commercial and industrial customers, principally in the
aviation, marine and land transportation industries. World Fuel Services
sells fuel and delivers services to its clients at more than 8,000
locations in more than 200 countries and territories worldwide.

For more information, call 305-428-8000 or visit www.wfscorp.com.

Source: World Fuel Services Corporation

World Fuel Services Corporation
Ira M. Birns, 305-428-8000
Executive
Vice President & Chief Financial Officer
or
Glenn Klevitz,
305-428-8000
Vice President, Assistant Treasurer