All rights reserved. Xerox common stock continues to trade on the New York Stock Exchange under the symbol “XRX”, although a new CUSIP number (984121 608) has been assigned to the common stock because of the reverse stock split.
This is common when share prices drop below $1.00 and …
Stock splits are used by Xerox Corp. to keep share prices within reasonable numbers to encourage investment. Consequently, the company proposed the reverse stock split, which is intended to increase the per share trading price of Xerox common stock and should improve its liquidity and facilitate its trading.The company’s common stock dividend has been adjusted on a proportional basis. XRX's second split took place on February 24, 1999. Xerox Holdings (XRX) has 4 splits in our XRX split history database. Xerox shareholders holding their shares of common stock in certificated form will receive a letter of instructions from Computershare shortly following the effective date. Stock split history for Xerox since 1977.
Although we have no reason not to rely on Fujifilm’s current adjustment and we are not aware of any additional amounts related to this matter that would have a material effect on our financial statements including the related Xerox disclosures, this investigation is ongoing and our future results may include additional adjustments that are materially different from the amount of the charge that we have already recognized in connection with this matter and the period(s) to which the charge relates, and we can provide no assurances relative to the outcome of any governmental investigations or any consequences thereof. This was a 2 for 1 split, … Xerox® and PrimeLink® are trademarks of Xerox Corporation in the United States and/or other countries.As a result of the reverse stock split, every four shares of Xerox common stock issued and outstanding or held as treasury shares were automatically combined and reclassified into one share of Xerox common stock. When the reverse stock split is effective, Xerox common stock will continue to trade, on a split-adjusted basis, on the New York Stock Exchange under the symbol “XRX”, although a new CUSIP number (984121 608) will be assigned as a result of the reverse stock split.© 2020 Xerox Corporation. Computershare can be contacted at 1-800-828-6396.Fuji Xerox Co., Ltd. (“Fuji Xerox”) is a joint venture between Xerox Corporation and Fujifilm Holdings Corporation (“Fujifilm”) in which Xerox holds a 25% equity interest and Fujifilm holds the remaining equity interest. The reverse stock split also affected all outstanding Xerox equity awards and outstanding convertible securities.Xerox common stock will begin trading on a split-adjusted basis at market open on June 15, 2017.
Your data export is now complete. The Split Adjustment Factor is a cumulative factor which encapsulates all splits since the date shown above. Xerox’s next quarterly cash dividend, payable on July 31, 2017, will be 25 cents per share on Xerox common stock. See Xerox Holdings Corporation (XRX) history of stock splits. Xerox common stock continues to trade on the New York Stock Exchange under the symbol “XRX”, although a new CUSIP number (984121 608) has been assigned to the common stock because of the reverse stock split.The company’s transfer agent, Computershare Inc., is acting as exchange agent for the reverse stock split.
The company’s second quarter reported EPS results as well as the company’s full-year 2017 per share guidance will be correspondingly adjusted to reflect the one-for-four reverse stock split. No fractional shares have been issued in connection with the reverse stock split. Please see the "Historical Prices" tab for adjusted price values. Xerox® and PrimeLink® are trademarks of Xerox Corporation in the United States and/or other countries.When the reverse stock split is effective, every four shares of Xerox common stock issued and outstanding or held as treasury shares as of the effective date will be automatically combined and reclassified into one share of Xerox common stock.