Xerox increases share buyback program

Tue Nov 13, 2012 7:19am EST

Nov 13 (Reuters) - Xerox Corp said it plans to raise its dividend next year and increased its share buyback program by $1 billion, and said it will take a fourth-quarter charge of $100 million related to a previously announced restructuring.

Including the charge, Xerox said it now expects fourth-quarter earnings of 24 cents to 26 cents per share or adjusted earnings of 28 cents to 30 cents per share.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.