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ADP prices $1B senior notes at 5% to fund share buybacks and corporate needs

Company Fundamentals
04 May 2026
PRNewsWire
Neutral
pluang ai news

ADP announced a public offering of $1 billion in 5.000% senior notes due in 2036, with proceeds expected by May 7, 2026. The funds will be used for general corporate purposes, including share repurchases under its existing buyback program, depending on market conditions. This move reflects ADP's strategy to manage capital and return value to shareholders. Investors should review the SEC filings for detailed information before investing.

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