Brief: FedEx Board Of Directors Approves Spin-Off Of FedEx Freight
13/05/2026 14:53
May 13 (Reuters) - FedEx Corp FDX.N: FEDEX - FEDEX FREIGHT TO BEGIN TRADING ON NYSE AS 'FDXF' ON JUNE 1, 2026 FEDEX BOARD OF DIRECTORS APPROVES SPIN-OFF OF FEDEX FREIGHT FEDEX - STOCKHOLDERS TO RECEIVE 1 FEDEX FREIGHT SHARE FOR EVERY 2 FEDEX SHARES OWNED FEDEX - FEDEX FREIGHT TO PAY $4.1 BILLION CASH DIVIDEND TO FEDEX PRIOR TO SEPARATION Further company coverage: FDX.N ((((Reuters.Briefs@thomsonreuters.com));))