Examples of Xerox Common Stock in a sentence
Record Holders holding a number of Shares of Xerox Common Stock on the Record Date that would entitle such holders to receive less than one whole share (in addition to any whole shares) of Conduent Common Stock in the Distribution will receive cash in lieu of such fractional share.
As of the Closing, the Acquired Xerox Shares will be and, upon the conversion, the shares of Xerox Common Stock issuable upon conversion of the Acquired Xerox Shares will be, when issued, duly authorized by all necessary corporate action on the part of Xerox, validly issued, fully paid and nonassessable and issued in compliance with all applicable federal and state securities Laws, and will be free and clear of all Liens, except Permitted Liens.
The shares of Xerox Common Stock issuable upon conversion of the Acquired Xerox Shares have been duly reserved for issuance.
The Xerox Common Stock is registered pursuant to Section 12(b) of the Exchange Act and listed on the Xerox Stock Exchange, and Xerox has taken no action designed to terminate, or which to Xerox’s knowledge is reasonably likely to have the effect of terminating, the registration of the Xerox Common Stock under the Exchange Act or delisting the Xerox Common Stock from the Xerox Stock Exchange.
Repurchases of Xerox Common Stock, par value $1.00 per share include the following:Board Authorized Share Repurchases Program: Total Number of Shares Purchased Average Price Paid per Share(1)(1) Exclusive of fees and costs.(2) Of the cumulative $1.0 billion of share repurchase authority previously granted by our Board of Directors, exclusive of fees and expenses, approximately $283 million has been used through September 30, 2018.
Xerox Common Stock Prices and Dividends * In February 2017, the Board of Directors approved a post-split dividend of 6.25 cents per share ($0.25 annualized) for the Company's quarterly cash dividend, beginning with the dividend payable on April 28, 2017.
Xerox Common Stock Prices and Dividends * In January 2016, the Board of Directors approved an increase in the Company's quarterly cash dividend from7.00 cents per share to 7.75 cents per share, beginning with the dividend payable on April 29, 2016.
Xerox Common Stock Prices and Dividends New York Stock Exchange composite prices *First QuarterSecond QuarterThird QuarterFourth Quarter2013 High$ 8.76$ 9.49$ 10.51$ 12.23Low7.118.339.239.61Dividends declared per share0.05750.05750.05750.0575 2012 High$ 8.76$ 8.15$ 7.94$ 7.39Low7.736.946.386.23Dividends declared per share0.04250.04250.04250.0425* Price as of close of business.
If the directors and executive officers of HP were to tender all such shares of HP Common Stock (including shares of HP Common Stock acquired upon the exercise of all such options and the settlement of all such RSUs) for exchange pursuant to the Offer and those shares of HP Common Stock were accepted in exchange for the Standard Offer Consideration by Xerox, the directors and executive officers of HP would receive an aggregate of approximately 638,571 shares of Xerox Common Stock and $78,857,064 of cash.
Treasury StockThere were no repurchases of Xerox Common Stock pursuant to Board authorized share repurchase programs during first, second or third quarter 2017.