Xerox Shareholder STARTEEPO Invest Increases Stake to More Than 6%

MT Newswires Live

06/04

Xerox Holdings (XRX) shareholder STARTEEPO Invest has increased its stake in the company to more than 6%, the Prague-based alternative investment fund said Thursday.

STARTEEPO said it now owns about 8 million Xerox shares and holds options on an additional 140,000 shares, making it Xerox's third largest shareholder.

The fund said it remains a "constructive long-term shareholder" in Xerox and it may continue to engage with management and the board on opportunities to enhance shareholder value.

Xerox shares were 3.4% higher in Thursday trading.

Price: 3.24, Change: -0.01, Percent Change: -0.31

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