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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 Authorizes New $5 Billion Stock Buyback Program

05/08/2021 11:34pm

Dow Jones News


United Parcel Service (NYSE:UPS)
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From May 2021 to May 2024

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   By Kimberly Chin 
 

United Parcel Service Inc.'s board approved a new $5 billion stock-buyback program.

The new plan will replace the company's existing $2.1 billion authorization, the package delivery company said Thursday.

UPS's shares have gained 31% in the past 12 months due to the surge in demand from homebound consumers and rebounding shipments between businesses as economies reopened with the rolling out of the Covid-19 vaccines.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

August 05, 2021 18:30 ET (22:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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