Xerox Corporation (NYSE:XRX) announced that its proposed reverse stock split of Xerox common stock at a ratio of one-for-four shares, together with a proportionate reduction in the authorized shares of its common stock from 1,750,000,000 shares to 437,500,000 shares, were approved by Xerox shareholders at the annual meeting of shareholders held earlier today. The company … Continue reading Xerox Corporation Announces Approval of One-for-Four Reverse Stock Split