FedEx (FDX) Appoints Silvia Davila to its Board
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FedEx (FDX) shares rise as company announces $1 billion share repurchase
December 26, 2023 10:01 AM ESTFedEx (NYSE: FDX) shares are trading higher Tuesday after the company announced a new $1 billion accelerated share repurchase (ASR) agreement.
Under the agreement with Mizuho Markets Americas LLC, FedEx will initially receive approximately 3.2 million shares for $1 billion on December 28, 2023. The remaining shares, if... More
