FedEx to offer its shareholders one FedEx Freight share for every two shares held

Published: 2026-05-13 10:09:42 ET FDX

Published on 05/13/2026 at 10:09 am EDT

May 13 (Reuters) - FedEx said on Wednesday it would allot its shareholders one share of the freight unit it is hiving off for every two shares they hold in the parcel delivery firm.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Leroy Leo)