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.
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