ADP Authorized to Purchase $5 Billion of its Common Stock
ROSELAND, N.J., Nov. 9, 2022 /PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP) authorized the purchase of $5 billion of its common stock, Carlos Rodriguez, chief executive officer, announced today.
This authorization replaces in its entirety the previous 2019 authorization to purchase $5 billion of its common stock. ADP had approximately 415 million common shares outstanding as of October 28, 2022.
About ADP (Nasdaq: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.
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ADP - Investor Relations
Investor Relations Contacts:
Danyal Hussain, CFA
973.974.7836
[email protected]
Matthew Keating, CFA
973.974.3037
[email protected]
ADP - Media
Media Contact:
Allyce Hackmann
201.400.4583
[email protected]
SOURCE ADP - IR
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