<SEC-DOCUMENT>0001085146-25-003060.txt : 20250513
<SEC-HEADER>0001085146-25-003060.hdr.sgml : 20250513
<ACCEPTANCE-DATETIME>20250513161830
ACCESSION NUMBER:		0001085146-25-003060
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250513
DATE AS OF CHANGE:		20250513

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FEDEX CORP
		CENTRAL INDEX KEY:			0001048911
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR COURIER SERVICES [4513]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				621721435
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-53375
		FILM NUMBER:		25940405

	BUSINESS ADDRESS:	
		STREET 1:		942 SOUTH SHADY GROVE ROAD
		CITY:			MEMPHIS
		STATE:			TN
		ZIP:			38120-
		BUSINESS PHONE:		9018187500

	MAIL ADDRESS:	
		STREET 1:		942 SOUTH SHADY GROVE ROAD
		CITY:			MEMPHIS
		STATE:			TN
		ZIP:			38120-

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FDX CORP
		DATE OF NAME CHANGE:	19971103

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRIMECAP MANAGEMENT CO/CA/
		CENTRAL INDEX KEY:			0000763212
		ORGANIZATION NAME:           	
		EIN:				953868081

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		177 EAST COLORADO BLVD.
		STREET 2:		11TH FLOOR
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91105
		BUSINESS PHONE:		6263049222

	MAIL ADDRESS:	
		STREET 1:		177 EAST COLORADO BLVD.
		STREET 2:		11TH FLOOR
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91105
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001104659-05-014106</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000763212</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>29</amendmentNo>
      <securitiesClassTitle>COM</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001048911</issuerCik>
        <issuerName>FedEx Corporation</issuerName>
        <issuerCusip>31428X106</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>942 South Shady Grove Road</ns1:street1>
          <ns1:city>Memphis</ns1:city>
          <ns1:stateOrCountry>TN</ns1:stateOrCountry>
          <ns1:zipCode>38120</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>PRIMECAP MANAGEMENT CO/CA/</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>11723227</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>11931800</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>11931800</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.98</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>FedEx Corporation</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>942 South Shady Grove Road
Memphis, TENNESSEE
38120</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>PRIMECAP MANAGEMENT CO/CA/</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>177 EAST COLORADO BLVD.
11TH FLOOR
PASADENA, California
91105</principalBusinessOfficeOrResidenceAddress>
        <citizenship>PRIMECAP MANAGEMENT CO/CA/ - UNITED STATES</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>11,931,800</amountBeneficiallyOwned>
        <classPercent>4.98</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>PRIMECAP MANAGEMENT CO/CA/ - 11,723,227</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>PRIMECAP MANAGEMENT CO/CA/ - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>PRIMECAP MANAGEMENT CO/CA/ - 11,931,800</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>PRIMECAP MANAGEMENT CO/CA/ - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>PRIMECAP MANAGEMENT CO/CA/</reportingPersonName>
      <signatureDetails>
        <signature>Jorge A. Rodriguez</signature>
        <title>Deputy Chief Compliance Officer</title>
        <date>05/13/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
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</DOCUMENT>
</SEC-DOCUMENT>
