ADP Authorized to Purchase $5 Billion of its Common Stock
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
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Allyce Hackmann, 201.400.4583, Allyce.Hackmann@adp.com; ADP Investor Relations, 973.974.5858, Investor.Mail@ADP.com