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FedEx Announces 25 Million Share Repurchase Program, Notes 'Strong' Profit And Cash Flow Performance
Wednesday, January 27, 2016 - 11:45am | 191Shares of FedEx Corporation (NYSE: FDX) were trading higher by more than 2 percent Wednesday as investors were encouraged by the company's announcement of a new share repurchase program. FedEx announced after Tuesday's market close that its Board of Directors has authorized a new share...
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FedEx Accelerating Buybacks, Issuing $2 Billion Worth of Bonds
Monday, January 6, 2014 - 4:12pm | 344FedEx (NYSE: FDX) on Monday announced that it would issue $2 billion of bonds to speed up its stock buyback plans. Back in October 2013, the company authorized buying back as much as 32 million shares. The buyback authorization represents the company's largest and most ambitious action to create...