Xerox announces $542 million repurchase of shares from carl c. icahn and affiliates

Norwalk, conn.--(business wire)--xerox holdings corporation (nasdaq: xrx) (the “company”), announced that earlier today, it entered into a share purchase agreement (the “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”) at a purchase price of $15.84 per share, the closing price of the company's common shares on september 27, 2023, the last full trading day prior to the execution.
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