09:48 AM EST, 01/03/2025 (MT Newswires) -- Jabil ( JBL ) said in a regulatory filing Friday it issued a warrant to Amazon.com's ( AMZN ) Amazon.com NV Investment Holdings to buy up to about 1.2 million ordinary shares of Jabil ( JBL ) at an initial exercise price of roughly $137.8 per share.

The warrant will expire on Dec. 27, 2031, the company added in its 8-K filing with the US Securities and Exchange Commission.

Upon the completion of an acquisition transaction, the unvested part of the warrant will vest in full, Jabil ( JBL ) said.

Jabil's ( JBL ) shares were up 3.3% in recent Friday trading, while Amazon's ( AMZN ) stock was up 2%.

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