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UPS United Parcel Service

146.65
-0.57 (-0.39%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
United Parcel Service NYSE:UPS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.57 -0.39% 146.65 148.20 146.42 147.96 2,039,148 00:40:01

UPS Approves New $8 Billion Share Repurchase Program

06/05/2016 1:42am

Dow Jones News


United Parcel Service (NYSE:UPS)
Historical Stock Chart


From May 2019 to May 2024

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   By Maria Armental 
 

United Parcel Service Inc.'s (UPS) board approved spending up to $8 billion to buy back company stock.

The Atlanta company, which ended the year with a $4.84 billion profit bolstered by higher shipping volumes, has bought back more than 96 million shares or $9 billion worth of stock over the past three years.

UPS had said it intends to buy $2.7 billion worth of shares this year, roughly the same amount it spent in 2015.

Shares, up 2% over the past 12 months, rose 1% to $103.12 in after-hours trading.

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

May 05, 2016 20:27 ET (00:27 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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