Fedex corporation announces accelerated share repurchase program

Memphis, tenn.--(business wire)--fedex corp. (nyse: fdx) today announced that it has entered into an accelerated share repurchase agreement (“asr”) with goldman sachs & co. llc (“goldman”) as part of the company's previously announced share repurchase programs. under the terms of the asr, fedex has agreed to repurchase an aggregate of $1.5 billion of its common stock from goldman, with an initial delivery of approximately 4.8 million shares based on current market prices. the final number o
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