SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): September 24, 2001
FEDEX CORPORATION
(Exact name of registrant as specified in its charter)
Commission file number 1-15829
Delaware |
62-1721435 |
|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |
942 South Shady Grove Road, Memphis, Tennessee |
38120 |
|
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (901) 818-7500
FEDERAL EXPRESS CORPORATION
(Exact name of registrant as specified in its charter)
Commission file number 1-7806
Delaware |
71-0427007 |
|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |
3610 Hacks Cross Road, Memphis, Tennessee |
38125 |
|
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (901) 369-3600
On September 24, 2001, FedEx Corporation (the "Corporation") issued a press release announcing that its Board of Directors had authorized the repurchase of up to 5 million shares of the Corporation's common stock. The Corporation stated that the purchases may be made in the open market and in negotiated or block transactions (see Exhibit 99.1).
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Exhibit Number |
Description |
|
99.1 |
Press Release of FedEx Corporation dated September 24, 2001. |
2
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
FedEx Corporation |
||
Date: September 25, 2001 |
By: |
/s/ James S. Hudson James S. Hudson Corporate Vice President— Strategic Financial Planning and Control |
Federal Express Corporation |
||
Date: September 25, 2001 |
By: |
/s/ Michael W. Hillard Michael W. Hillard Vice President and Controller |
3
| Exhibit |
Description |
|
99.1 |
Press Release of FedEx Corporation dated September 24, 2001. |
E–1
FEDEX CORP. ANNOUNCES STOCK REPURCHASE PROGRAM
MEMPHIS, TN., September 24, 2001. . . FedEx Corporation (NYSE: FDX) today announced that its Board of Directors has authorized management to repurchase, within its discretion, up to 5 million shares of the company's common stock.
The company said purchases may be made in the open market and in negotiated or block transactions. FedEx currently has 298 million shares outstanding.
With annual revenues of $20 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, a leading provider of regional less-than-truckload freight services; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; and FedEx Trade Networks, a provider of customs brokerage, consulting, information technology and trade facilitation solutions.