Adjustment made: ADECCO repays EUR 400 million worth of shares
Adecco S.A., the global leader in HR services and a Fortune Global 500 company, has announced the completion of a share repurchase of EUR 400 million. The Swiss-based company, registered with the ISIN number CH0012138605, made the announcement earlier today.
The share repurchase involved the acquisition of 11,488,000 shares, representing 6.07% of the issued shares. The average purchase price per share was set at CHF 57.32.
Adecco S.A.'s corporate press office can be reached at [email protected] and Tel. +41 (0) 44 878 87 87. For investor-related inquiries, please contact [email protected] or Tel. +41 (0) 44 878 89 25.
The repurchased shares will be used for future acquisitions or to minimize potential dilution related to the outstanding convertible bond. However, there are no specific details available about Adecco S.A.'s plans for utilizing the shares accumulated through the repurchase.
Operating in over 60 countries and territories around the world, Adecco S.A. boasts a network of over 37,000 employees (FTEs) and approximately 7,000 offices. The group connects over 700,000 associates with clients each day, demonstrating its global reach and impact.
The company is registered in Switzerland and managed by a multinational team with expertise in markets spanning the globe. Adecco S.A. is listed on the Swiss Stock Exchange with trading symbols SWX: ADEN and EURONEXT: ADE.
With its headquarters in Zurich, Switzerland, Adecco S.A. continues to uphold its position as a key player in the HR services industry, contributing significantly to the global economy.
