YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
FedEx Corp. plans to offer $2 billion in senior unsecured notes to fund the repurchase of its shares from Goldman Sachs and JPMorgan Chase.
FedEx plans to repurchase a combined $2 billion of its stock by the end of the fiscal year, according to a report in the Wall Street Journal.
The company, which had 312.2 million shares outstanding as of Dec. 18, expects to buy back a combined 11.4 million shares from the banks.
Read more from the Wall Street Journal.
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Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.