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Xerox reveals ambitious reinvention plans

Xerox reveals ambitious reinvention plans

Xerox’s vision is its evolution into a services-led, software-enabled provider of avant-garde workplace solutions. In the latest earnings call on 24th October, Xerox’s top brass, CEO Steve Bandrowczak and EVP & CFO Xavier Heiss unveiled their detailed...
Xerox: Revenue declines but profitability is up

Xerox: Revenue declines but profitability is up

The company has released its third quarter financial results, delivering growth in profitability and cashflow but revenue declines. In the third quarter 2023, Xerox reported revenues of $1.65 billion (€1.56 billion), down 5.7%. The company explained that the decline...
Xerox reveals ambitious reinvention plans

Xerox shares 2023 CSR report

The company provides an update on its net zero by 2040 roadmap and outlines details of recent double materiality assessment. Xerox Holdings Corporation published its 2023 Global Corporate Social Responsibility (CSR) report detailing its continued CSR accomplishments...
Xerox withdraws from Russian market

Xerox withdraws from Russian market

Reuters reports that the local management has acquired Xerox’s Russian operations, promising continued independent functioning. More than 595 days after Russia invaded Ukraine, Xerox, has exited the Russian market through a management buyout, as reported by Reuters....
Xerox repurchases Carl C. Icahn and Affiliates shares

Xerox repurchases Carl C. Icahn and Affiliates shares

Xerox Holdings Corporation announced that it entered into a share purchase agreement to repurchase all of the shares of the Company’s common stock beneficially owned by Carl C. Icahn and certain of his affiliates (Icahn Parties). The agreement set a purchase price of...