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FedEx (FDX) investor relations material
FedEx AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened by the chairman, with board members and representatives from Ernst & Young present.
Agenda and meeting guidelines were posted online, and the meeting was called to order.
Notice of meeting and proxy materials were distributed to stockholders, and a quorum was confirmed.
Shareholder proposals
Six proposals were presented, including election of directors, executive compensation, auditor ratification, and three stockholder proposals.
Proposal 4 called for an independent board chair, supported by ISS and Glass Lewis, but not endorsed by the board.
Proposal 5 sought to lower the threshold for calling a special meeting to 10% of outstanding shares, with arguments for improved shareholder rights.
Proposal 6 requested a report on risks related to the distribution of abortion drugs, citing legal and reputational concerns.
Overview of voting outcomes
All 11 director nominees were elected.
Advisory resolution on executive compensation and auditor ratification were approved.
Stockholder proposals 4, 5, and 6 were not approved.
Preliminary results were announced, with final results to be filed in a Form 8-K.
- AI-driven transformation and network integration target $6B free cash flow and new growth by 2029.FDX
Citi’s 2026 Global TMT Conference - Drives global logistics with integrated networks, innovation, and a strong sustainability focus.FDX
Corporate presentation - Virtual annual meeting to address director elections, compensation, auditor, and key proposals.FDX
Proxy filing - Strong financial results, transformation progress, and robust governance define this year's proxy.FDX
Proxy filing - Raised FY26 outlook, cost savings, and network optimization drive strong long-term targets.FDX
Roadshow presentation - FY26 exceeded outlook with strong growth, spin-off, and robust CY26 EPS guidance of $16.90–$18.10.FDX
Q4 2026 - Targeting 4%-6% revenue CAGR, 15% margins, and >90% free cash flow conversion.FDX
Investor Day 2026 - AI-driven transformation targets $2B savings, 4% revenue CAGR, and $6B free cash flow by 2029.FDX
Investor Day 2026 - Freight spin-off, cost savings, and fluctuating results led to lower FY25 guidance.FDX
Q2 2025
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