Originally Posted by
Jetjok
I believe they stopped the stock purchase plan that we once enjoyed, back in mid 1991. Their explanation then was "too many people were not holding their shares, but were turning them around almost immediately." It was too bad as it was a really great way of obtaining FedEx stock and equity in the company. Since then, I've not entertained the idea of owning the stock. Something about not placing too many eggs in one basket.
Not completely true...
The ESPP is still open to us--we just don't get the discounted price.