Xerox Updates Capital Allocation Policy Ahead of Lexmark Acquisition

[RSS Robot]

May 22, 2025 — Corporate NORWALK, Conn. — Xerox announced today that its Board of Directors approved an update to its dividend policy in anticipation of the closing of the Lexmark transaction, reducing the quarterly dividend to $0.025 per share ($0.10 per share annualized). Accordingly, Xerox announced the declaration of a quarterly dividend of $0.025 per share on...

The post Xerox Updates Capital Allocation Policy Ahead of Lexmark Acquisition appeared first on Industry Analysts, Inc..



More...

[EthelHAlvarado]

I see this move as consistent with our plan to optimize capital allocation and achieve at least $238 million in synergies within two years of the deal closing.