FedEx Freight | Your Fedex ownership defined

SwampRatt

TB Legend
Credits
466
"...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".

:smilie93c peelout:
 
"...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".

:smilie93c peelout:
The quest for equity has made this company sub par. Lack of service product for our customers, no accountability for employees, and compensation an insurance falling behind competitors...
 
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