Originally Posted by
Maddog64
ALPA not the company says our TA was worth more per pilot than Delta's or United's. Yes I want more money, but how much more do you believe there is?
From the first 2024 quarterly report:
FedEx expects to repurchase an additional $1.5 billion of common stock during fiscal 2024. Cash on-hand as of August 31, 2023 was $7.1 billion.
If my memory is correct they also repurchased $1.5 billion of stock in FY2023 and $2.2 billion in FY2022. That’s over $5 billion in stock buyback and the company negotiators saying there’s just no more juice left.
Seems to me there’s a lot of juice left!