CONTACT:
ADP Investor Relations
(973) 974-5858

 

ROSELAND, New Jersey -- August 2, 2006 -- The board of directors of Automatic Data Processing, Inc. (NYSE:ADP) authorized the purchase of an additional 50 million shares of its common stock, Gary C. Butler, president and chief operating officer and CEO-elect, announced today.

 

This is in addition to the approximately 32 million shares remaining to be purchased under previous share repurchase authorizations, resulting in a total authorization of approximately 82 million shares. ADP currently has approximately 560 million shares outstanding.

 

ADP, with nearly $9 billion in revenues and more than 570,000 clients worldwide, is one of the largest providers of a broad range of premier, mission-critical, cost-effective processing and information-based business solutions.