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home / articles / FDX - FedEx Initiates $1B Accelerated Share Repurchase Agreement With Mizuho | Benzinga

FDX - FedEx Initiates $1B Accelerated Share Repurchase Agreement With Mizuho | Benzinga

FedEx Corporation

FedEx Corp (NYSE: FDX) has entered into an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC (Mizuho) to repurchase $1.0 billion of its shares.

The repurchase is a part of the company's previously announced share repurchase program. 

Under the terms of the ASR agreement, FedEx will pay $1.0 billion to Mizuho and receive an initial share delivery of approximately ...

Full story available on Benzinga.com
Stock Information
Company Name: FedEx Corporation
Stock Symbol: FDX
Market: NYSE
Website: fedex.com
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