News & Features

A new global business survey commissioned by Xerox Holdings Corporation (NYSE: XRX) shows an estimated 82% of the workforce in respondents’ organizations will have returned to the workplace in 12-18 months’ time, on average.

Xerox Holdings Corporation (NYSE: XRX) announced today that its board of directors declared a quarterly cash dividend of $0.25 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on July 31, 2020 to shareholders of record on...

Due to the public health effects of the coronavirus outbreak (COVID-19) and to support the health and well-being of our employees, shareholders and our community, please note that, for the 2020 Annual Meeting, the meeting will now be held as a “virtual meeting,” with full access to vote, ask questions and participate in the Annual Meeting virtually. You will not be able to attend the Annual Meeting physically.

“While Xerox saw an immediate impact to our business due to the rapid implementation of lockdown measures globally, the disciplined approach we implemented over the last two years provided a foundation to move quickly to preserve cash, continue operations, provide support to our many clients on the frontlines, and apply our manufacturing and R&D expertise to help save lives. I’m incredibly proud of the Xerox team’s dedication and ingenuity during this extraordinary time.” - Xerox Vice Chairman and CEO John Visentin

Xerox Holdings Corporation (NYSE: XRX) is leveraging its manufacturing capabilities and in-house materials expertise to produce approximately 140,000 gallons of hand sanitizer by June 2020, an initiative focused on helping to save lives during the current global health crisis.

Xerox Holdings Corporation (NYSE: XRX) and Vortran Medical Technology are teaming up to speed and scale production of Vortran’s GO2Vent ventilator and related Airway Pressure Monitor (APM-Plus) for hospitals and emergency response units fighting the battle against COVID-19.

The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc. (NYSE: HPQ) (“HP”). Accordingly, we are withdrawing our tender offer to acquire HP and will no longer seek to nominate our slate of highly qualified candidates to HP’s Board of Directors.

Xerox has acquired two leading services and technology providers, Altodigital and ITEC Connect, in the U.K.

“In light of the escalating COVID-19 pandemic, Xerox needs to prioritize the health and safety of its employees, customers, partners and affiliates over and above all other considerations, including its proposal to acquire HP,” said John Visentin, Xerox vice chairman and chief executive officer. “

Xerox Holdings Corporation (NYSE: XRX) (“Xerox”) today announced that it is filing a preliminary proxy statement with the United States Securities and Exchange Commission (“SEC”) to seek approvals from its shareholders related to the issuance of Xerox shares in connection with its offer to acquire HP Inc. (NYSE: HPQ) (“HP”).