FEDEX CORP — Major Shareholding Notification 2020

Apr 9, 2020

SC 13G/A 1 f3256d1.htm SC 13G/A PDFtoHTML Conversion Output

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO. 2 )*

FEDEX CORPORATION

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(Name of Issuer)

Common Stock

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(Title of Class of Securities)

31428X106

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(CUSIP Number)

March 31, 2020

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(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

- -----------------------		---------------------
CUSIP NO. 31428X106	13G	PAGE 2 OF 4 PAGES
- -----------------------		---------------------

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1 NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Dodge & Cox 94-1441976

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2	[_]
(b)	[_]

N/A

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3 SEC USE ONLY

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4 CITIZENSHIP OR PLACE OF ORGANIZATION

California - U.S.A.

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5 SOLE VOTING POWER

25,665,262

NUMBER OF

SHARES	-----------------------------------------------------------
	6	SHARED VOTING POWER
BENEFICIALLY
		0
OWNED BY
	-----------------------------------------------------------
EACH	7	SOLE DISPOSITIVE POWER
		26,924,012
REPORTING
PERSON	-----------------------------------------------------------
	8	SHARED DISPOSITIVE POWER
WITH
		0

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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

26,924,012

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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

N/A

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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

10.3%

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12 TYPE OF REPORTING PERSON*

IA

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Item 1(a) Name of Issuer:

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FEDEX CORPORATION

Item 1(b) Address of Issuer's Principal Executive Offices:

	-----------------------------------------------
	942 South Shady Grove Road
Memphis, Tennessee 38120
Item 2(a)	Name of Person Filing:
	---------------------
	Dodge & Cox
Item 2(b)	Address of the Principal Office or, if none, Residence:
	-------------------------------------------------------
	555 California Street, 40th Floor
	San Francisco, CA 94104
Item 2(c)	Citizenship:
	-----------
	California - U.S.A.
Item 2(d)	Title of Class of Securities:
	----------------------------
	Common Stock
Item 2(e)	CUSIP Number:
	------------
	31428X106
Item 3	If the Statement is being filed pursuant to Rule 13d-1(b),
	----------------------------------------------------------
	or 13d-2(b), check whether the person filing is a:
	-------------------------------------------------

(e) [X] Investment Advisor registered under section 203 of the Investment Advisors Act of 1940

Item 4	Ownership:
	---------
	(a)	Amount Beneficially Owned:
		-------------------------
		26,924,012
	(b)	Percent of Class:
		----------------
		10.3%
	(c)	Number of shares as to which such person has:
		---------------------------------------------
	(i)	sole power to vote or direct the vote:
		25,665,262
	(ii)	shared power to vote or direct the vote:
		0
	(iii)	sole power to dispose or to direct the
		disposition of: 26,924,012
	(iv)	shared power to dispose or to direct the
		disposition of: 0
Item 5	Ownership of Five Percent or Less of a Class:

	--------------------------------------------
	Not applicable.
Item 6	Ownership of More than Five Percent on Behalf of Another
	--------------------------------------------------------
	Person:
	------
	The clients of Dodge & Cox, including investment
	companies registered under the Investment Company Act
	of 1940 and other managed accounts, have the right to
	receive or power to direct the receipt of dividends from,
	and the proceeds from the sale of, FEDEX CORPORATION.
	Dodge & Cox Stock Fund, an investment company registered
	under the Investment Company Act of 1940, has an interest
	of 15,571,499, or 6.0%, of the class of securities reported
	herein.
Item 7	Identification and Classification of the Subsidiary Which
	---------------------------------------------------------
	Acquired the Security Being Reported on By the Parent
	-----------------------------------------------------
	Holding Company:
	---------------
	Not applicable.
Item 8	Identification and Classification of Members of the Group:
	---------------------------------------------------------
	Not applicable.
Item 9	Notice of Dissolution of a Group:
	--------------------------------
	Not applicable.
Item 10	Certification:
	-------------
	By signing below I certify that, to the best
	of my knowledge and belief, the securities referred to
	above were acquired in the ordinary course of business and
	were not acquired for the purpose of and do not have the
	effect of changing or influencing the control of the issuer
	of such securities and were not acquired in connection with
	or as a participant in any transaction having such purpose
	or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: April 9, 2020

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DODGE & COX

By: /S/ Katherine M. Primas

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Name: Katherine M. Primas

Title: Chief Compliance Officer