UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
October 30, 2007
United Parcel Service, Inc.
(Exact name of registrant as specified in its charter)
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| Delaware
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001-15451
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58-2480149 |
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(Commission
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(IRS Employer |
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File Number)
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Identification Number) |
| of incorporation) |
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| 55 Glenlake Parkway, N.E. |
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| Atlanta, Georgia
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30328 |
| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (404) 828-6000
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Item 8.01 Other Events.
The Board of Directors of United Parcel Service, Inc. (“UPS”) approved an increase in its
share repurchase program, authorizing UPS to purchase up to $2.0 billion of UPS common stock. This
replaces the approximately $50 million that remained available under the February 2007 share
repurchase authorization of $2.0 billion. Effective immediately, purchases under the program may
be made from time to time in open market or privately negotiated transactions. The repurchase
program has no time limit and may be suspended for periods or discontinued at any time.
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