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@ Layer3.news
2025-05-25 02:48:33
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
XEROX CUTS QUARTERLY DIVIDEND TO 2.5C PER SHARE FROM 12.5C
https://media.zenfs.com/en/tipranks_452/491da6df90b36b0e569ed47b05db7f8b
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✍️ Xerox announces an update to its dividend policy, reducing the quarterly dividend to $0.025 per share, in anticipation of the closing of the Lexmark transaction.
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👉 Xerox updates its dividend policy, reducing the quarterly dividend to $0.025 per share
👉 The decision is made in anticipation of the closing of the Lexmark transaction
👉 The company prioritizes debt repayment following acquisition close
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#business
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