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XRX Xerox Holdings Corporation

20.89
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Xerox Holdings Corporation NYSE:XRX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.89 0 01:00:00

HP: 'Numerous Opportunities' for Value at HP, Xerox Plan Would Benefit Its Own Stockholders

23/01/2020 7:40pm

Dow Jones News


Xerox (NYSE:XRX)
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From May 2019 to May 2024

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By Josh Beckerman

 

HP Inc. (HPQ), responding to Xerox Holdings Corp.'s (XRX) plans to replace HP's board, said there are "numerous opportunities available to HP to drive sustainable long-term value," including the company's strategic plan and buybacks of its "significantly undervalued stock."

HP said, "Xerox's proposed transaction attempts to use HP's financial capacities for the benefit of Xerox shareholders."

Xerox, which has offered to buy to HP, said earlier Thursday that "HP shareholders have told us they believe our acquisition proposal will bring tremendous value."

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

January 23, 2020 14:25 ET (19:25 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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