FedEx completes spin-off of FedEx Freight, shares trade as FDXF on NYSE
Fedex
Fedex FDX | 0.00 |
- FedEx completed the spin-off of FedEx Freight, creating an independent, publicly traded LTL carrier trading on the NYSE as FDXF.
- FedEx stockholders received 1 FedEx Freight share for every 2 FedEx shares held as of May 15, 2026.
- The distribution covered 80.1% of FedEx Freight shares, with cash paid in lieu of fractional shares.
- FedEx retained 19.9%, targeting disposal within 24 months via debt-related exchanges or shareholder distributions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260601524105) on June 01, 2026, and is solely responsible for the information contained therein.
