automatic data processing
Transactions by AUTOMATIC DATA PROCESSING (ADP) in the last 6 months
Automatic Data Processing, Inc. (NasdaqGS:ADP) announces a share repurchase program. Under the plan, the company will repurchase up to 30,000,000 shares, representing 6.24% of its issued share capital. As of August 1, 2014, the company has approximately 481,000,000 common shares outstanding. The Board of Directors of Automatic Data Processing, Inc. has authorized a buyback plan on August 5, 2014. On August 5, 2014, the company initiated a Market Repurchase.
The Board of Directors of Automatic Data Processing, Inc. (NasdaqGS:ADP) (ADP) agreed to spinoff ADP Dealer Services, Inc. to its shareholders on April 10, 2014. In conjunction with the spin-off ADP expects to receive in a tax-free manner at least $700 million, which proceeds ADP plans to return to its shareholders through share repurchases after the spin-off is complete, depending on market conditions. Steve Anenen and Al Nietzel, the current President and Chief Financial ...
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