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.
ADP, the ADP logo, and Always Designing for People are
trademarks of ADP, Inc.
Copyright © 2022 ADP, Inc. All rights reserved.
ADP - Investor Relations
Investor Relations Contacts:
Danyal Hussain, CFA
973.974.7836
Danyal.Hussain@adp.com
Matthew Keating,
CFA
973.974.3037
Matthew.Keating@adp.com
ADP - Media
Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com
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SOURCE ADP - IR