2 unchanged sentences
Our class B common stock is listed on the New York Stock Exchange under the symbol “UPS”.
−Removed: As of February 2, 2024, there were 157,276 and 19,971 shareowners of record of class A and class B common stock, respectively.
+Added: As of February 3, 2025, there were 155,418 and 19,626 shareowners of record of our class A and class B common stock, respectively.
Our practice has been to pay dividends on a quarterly basis.
The declaration of dividends is subject to the discretion of the Board of Directors and will depend on various factors, including our net income, financial condition, cash requirements, future prospects and other relevant factors.
−Removed: On January 25, 2024, our Board declared a dividend of $1.63 per share, which is payable on March 8, 2024 to shareowners of record on February 20, 2024.
−Removed: In August 2021, the Board of Directors approved a share repurchase authorization of $5.0 billion of class A and class B common stock.
−Removed: During the year ended December 31, 2023, we repurchased 0.5 million shares of class B common stock for $0.1 billion under this authorization.
−Removed: In January 2023, the Board of Directors terminated this authorization and approved a new share repurchase authorization for $5.0 billion of class A and class B common stock.
−Removed: During the year ended December 31, 2023, we repurchased 12.3 million shares of class B common stock for $2.2 billion under this authorization.
−Removed: We did not repurchase any shares during the fourth quarter of 2023 and do not anticipate repurchasing any shares in 2024.
+Added: On February 5, 2025, our Board declared a dividend of $1.64 per share, which is payable on March 6, 2025 to shareowners of record on February 18, 2025.
+Added: In January 2023, the Board of Directors approved a share repurchase authorization for $5.0 billion of class A and class B common stock.
+Added: We did not repurchase any shares during the fourth quarter of 2024.
+Added: During the year ended December 31, 2024, we repurchased 3.9 million shares of class B common stock for $500 million under this authorization.
+Added: On February 3, 2025, we entered into an accelerated share repurchase agreement for $1.0 billion worth of shares.
+Added: This agreement is expected to settle in the first quarter of 2025.
+Added: We do not anticipate further share repurchases in 2025.
As of December 31, 2024, we had $2.3 billion available under our share repurchase authorization.
11 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.