"...Frederick Smith, who is [was] also the company's Top Key Executive, holds the most number of shares at 7.8%."
"The Vanguard Group, Inc. is the second largest shareholder owning 7.4% of common stock, and BlackRock, Inc. holds about 6.4% of the company stock."
"The general public-- including retail investors -- own 17% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders."
I think the instituional investors explain the "woke" trends FedEx has embraced. Hiring and celebrating the quest for "equity".
"The Vanguard Group, Inc. is the second largest shareholder owning 7.4% of common stock, and BlackRock, Inc. holds about 6.4% of the company stock."
"The general public-- including retail investors -- own 17% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders."
FedEx Corporation (NYSE:FDX) is largely controlled by institutional shareholders who own 75% of the company - Simply Wall St News
Key Insights Given the large stake in the stock by institutions, FedEx's stock price might be vulnerable to their...
simplywall.st
I think the instituional investors explain the "woke" trends FedEx has embraced. Hiring and celebrating the quest for "equity".