{"id":709244,"date":"2022-11-09T17:07:43","date_gmt":"2022-11-09T22:07:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/adp-authorized-to-purchase-5-billion-of-its-common-stock\/"},"modified":"2022-11-09T17:07:43","modified_gmt":"2022-11-09T22:07:43","slug":"adp-authorized-to-purchase-5-billion-of-its-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/adp-authorized-to-purchase-5-billion-of-its-common-stock\/","title":{"rendered":"ADP Authorized to Purchase $5 Billion of its Common Stock"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">ROSELAND, N.J.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 9, 2022<\/span><\/span> \/PRNewswire\/ &#8212; The board of directors of ADP (Nasdaq: ADP) authorized the purchase of <span class=\"xn-money\">$5 billion<\/span> of its common stock, <span class=\"xn-person\">Carlos Rodriguez<\/span>, chief executive officer, announced today.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1056331\/ADP_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1056331\/ADP_Logo.jpg\" title=\"(PRNewsfoto\/ADP)\" alt=\"(PRNewsfoto\/ADP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>This authorization replaces in its entirety the previous 2019 authorization to purchase <span class=\"xn-money\">$5 billion<\/span> of its common stock.\u00a0 ADP had approximately 415 million common shares outstanding as of <span class=\"xn-chron\">October 28<\/span>, 2022.\u00a0<\/p>\n<p>\n        <b>About ADP<\/b> (Nasdaq: ADP)<br \/>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.<\/p>\n<p>\n        <i>ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc.<\/i>\n      <\/p>\n<p>\n        <i>Copyright \u00a9 2022 ADP, Inc. All rights reserved. <\/i>\n      <\/p>\n<p>\n        <b>ADP &#8211; Investor Relations <\/b>\n      <\/p>\n<p class=\"prnml40\">\n        <b>Investor Relations Contacts: <br \/><\/b><br \/>\n        <span class=\"xn-person\">Danyal Hussain<\/span>, CFA<br \/>973.974.7836<br \/><a href=\"mailto:Danyal.Hussain@adp.com\" target=\"_blank\" rel=\"nofollow noopener\">Danyal.Hussain@adp.com<\/a>\u00a0<\/p>\n<p class=\"prnml40\">\n        <span class=\"xn-person\">Matthew Keating<\/span>, CFA<br \/>973.974.3037<br \/><a href=\"mailto:Matthew.Keating@adp.com\" target=\"_blank\" rel=\"nofollow noopener\">Matthew.Keating@adp.com<\/a><\/p>\n<p>\n        <b>ADP &#8211; Media <\/b>\n      <\/p>\n<p class=\"prnml40\">\n        <b>Media Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Allyce Hackmann<\/span><br \/>\n        <br \/>201.400.4583<br \/><a href=\"mailto:Allyce.Hackmann@adp.com\" target=\"_blank\" rel=\"nofollow noopener\">Allyce.Hackmann@adp.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY30455&amp;sd=2022-11-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/adp-authorized-to-purchase-5-billion-of-its-common-stock-301673325.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/adp-authorized-to-purchase-5-billion-of-its-common-stock-301673325.html<\/a><\/p>\n<p>SOURCE  ADP &#8211; IR<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY30455&amp;Transmission_Id=202211091605PR_NEWS_USPR_____NY30455&amp;DateId=20221109\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROSELAND, N.J. , Nov. 9, 2022 \/PRNewswire\/ &#8212; 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.\u00a0 ADP had approximately 415 million common shares outstanding as of October 28, 2022.\u00a0 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/adp-authorized-to-purchase-5-billion-of-its-common-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ADP Authorized to Purchase $5 Billion of its Common Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-709244","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADP Authorized to Purchase $5 Billion of its Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/adp-authorized-to-purchase-5-billion-of-its-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADP Authorized to Purchase $5 Billion of its Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ROSELAND, N.J. , Nov. 9, 2022 \/PRNewswire\/ &#8212; 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.\u00a0 ADP had approximately 415 million common shares outstanding as of October 28, 2022.\u00a0 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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This authorization replaces in its entirety the previous 2019 authorization to purchase $5 billion of its common stock.\u00a0 ADP had approximately 415 million common shares outstanding as of October 28, 2022.\u00a0 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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