Automatic Data Processing To Buy Back $6 Bln Of Common Stock
(RTTNews) - Automatic Data Processing Inc. (ADP) announced that its Board authorized the purchase of $6 billion of its common stock. This authorization replaces in its entirety the previous 2022 authorization to purchase $5 billion of its common stock. ADP had about 403 million common shares outstanding as of December 31, 2025.
The company has declared a regular quarterly dividend of $1.70 per share payable April 1, 2026 to shareholders of record on March 13, 2026.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.