News & Features

At its annual meeting of shareholders today, Jeff Jacobson, CEO of Xerox Corporation (NYSE: XRX), discussed the company’s financial performance in 2016, and outlined the company’s strategy to enhance value for Xerox shareholders.

The company delivered first-quarter 2017 GAAP earnings per share (EPS) from continuing operations of 2 cents. Adjusted EPS was 15 cents, which excludes 13 cents per share of after-tax costs related to the amortization of intangibles, restructuring and related costs, certain retirement related costs, loss on extinguishment of debt and a tax benefit.

Xerox (NYSE: XRX) announced today the initial settlement of its offer to purchase $300 million in debt and exchange an additional $300 million of existing debt for new 4.070% senior notes due March 17, 2022 (the “new notes”).

Xerox (NYSE: XRX) announced today the pricing terms of its offer to purchase $300 million in debt and exchange an additional $300 million of existing debt for new 4.070% senior notes due March 17, 2022 (the “new notes”).

Xerox (NYSE: XRX) announced today the early results of its offer to purchase $300 million in debt and exchange an additional $300 million of existing debt for new notes due 2022 (the “new notes”).

Xerox (NYSE: XRX) announced today that it plans to early redeem (retire) $300 million in debt. Additionally, Xerox is targeting to exchange $300 million or more of existing debt for new debt.

Xerox's (NYSE: XRX) board of directors today declared a quarterly cash dividend of 6.25 cents per share on Xerox common stock. The dividend is payable on April 28, 2017 to shareholders of record on March 31, 2017.

Xerox (NYSE: XRX) announced its fourth-quarter 2016 financial results from continuing operations.“Our fourth quarter results demonstrate that we are realizing significant benefits from our Strategic Transformation program,” said Jeff Jacobson, Xerox chief executive officer. “We delivered strong margins that countered expected pressure on revenue."

Xerox (NYSE: XRX) delivers EPS in line with guidance and strong operating cash flow, and reports continued progress on strategic transformation program and separation.

Xerox's (NYSE: XRX) board of directors today declared a quarterly cash dividend of 7.75 cents per share on Xerox common stock. The dividend is payable on January 31, 2017 to shareholders of record on December 15, 2016.