Dillard's, Inc. to acquire W.D. Company, Inc.

Dillard's, Inc. has agreed to acquire shares of W.D. Company, Inc. in a share buyback transaction valued at undisclosed terms. The consideration for this deal comprised a mix of cash and shares, though no specific monetary figure was reported. Both entities operate within the Consumer and Retail sector and are based in the United States. The transaction was announced on 20 March 2026 and subsequently concluded on 4 June 2026. This arrangement allowed the listed retailer to reduce its outstanding share count through the purchase of equity from the target company.

The deal structure involved Dillard's purchasing shares directly from W.D. Company, Inc. without a change in ultimate control or a traditional merger of equals. As a share buyback, the primary mechanism involved the exchange of capital for equity rather than the acquisition of a separate operating entity. The transaction has been fully completed and is no longer subject to pending regulatory conditions. All relevant parties have finalised the necessary steps to close the agreement within the specified timeframe.