International Companies

FedEx shares hit three-year high after Q3 beat, $5bn buyback plan

By Benjamin Chiou

Date: Friday 22 Mar 2024

(Sharecast News) - FedEx shares were soaring in pre-market trade on Friday after the delivery and logistics giant lifted its 2024 guidance and unveiled plans to buy back $5bn of shares following a better-than-expected third quarter.
Ahead of the market open, FedEx futures were up 12.6% $298.12 - their highest since...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page