ROSELAND, N.J., Nov. 12, 2019 /PRNewswire/ -- The board of
directors of ADP (Nasdaq: ADP) authorized the purchase of
$5 billion of its common stock,
Carlos Rodriguez, president and
chief executive officer, announced today.
This authorization replaces in its entirety the previous 2015
authorization to purchase up to 25 million shares of common
stock. ADP had approximately 433 million common shares
outstanding as of October 30,
2019.
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.
ADP, the ADP logo, and Always Designing for People are
trademarks of ADP, LLC.
Copyright © 2019 ADP, LLC. All rights reserved.
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SOURCE ADP, LLC