Cases & Deals

Goldman Sachs enters into accelerated share repurchase agreement with FedEx Corporation

Clients Goldman Sachs & Co. LLC

Jones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with FedEx Corporation. FedEx Corporation purchased $1.5 billion of its own shares through the transaction, with the number of shares based on discounted volume-weighted average price during the term of the ASR.