UPS Adopts New Financial Policy to Enhance Shareholder Value

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 9, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Adopts New Financial Policy to Enhance Shareholder Value - Reuters

    UPS today announced its Board of Directors has approved a change in financial policy regarding the company's capital structure designed to enhance UPS's value to shareowners. Under the new policy, UPS intends to significantly increase the debt component of its balance sheet.

    Going forward, the company intends to manage its balance sheet to a target debt ratio within a range of 50-to-60% funds-from-operations-to-total-debt. Previously, there was no stated metric.