FedEx issued $2000000000 accelerated stock repurchase

FedEx issued $2000000000 accelerated stock repurchase
Federal Express (FedEx) issued $2000000000 of bonds, to speed up the stock repurchase, as part of a large-scale share repurchase plan announced last year.
"Peng Bo" report, FedEx Express, will be calculated at current prices, the first issue about 11400000 shares, according to the agreement, complete the repurchase will be 5 at the end of.
Last October, FedEx announced buy back up to 32000000 shares of a stock repurchase plan, to become the largest in the history of the company.
MYEX Minya Express International
2014-01-08