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MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with Goldman Sachs & Co. LLC (“Goldman”) as part of the company’s previously announced share repurchase programs. Under the terms of the ASR, FedEx has agreed to repurchase an aggregate of $1.5 billion of its common stock from Goldman, with an initial delivery of approximately 4.8 million shares based on current market prices. The final number o
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