ADP 2012 Annual Report Download - page 15

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Issuer Purchases of Equity Securities
There is no expiration date for the common stock repurchase plan.
13
Total Number Maximum
of Shares Number of Shares
Purchased as Part that may yet be
of the Publicly Purchased under
Announced the Common
Total Number of Average Price Common Stock Stock Repurchase
Period Shares Purchased (1) Paid per Share Repurchase Plan (2) Plan (2)
April 1, 2012 to
April 30, 2012 727,754 $55.02 726,900
40,658,252
May 1, 2012 to
May 31, 2012 3,589,400 $53.18 3,561,200 37,097,052
June 1, 2012 to
June 30, 2012 2,117,400 $53.17 2,117,400 34,979,652
Total 6,434,554 6,405,500
(1)
Pursuant to the terms of the Company’s restricted stock program, the Company purchased 854 shares during April 2012, and 28,200
shares during May 2012, at the then market value of the shares in connection with the exercise by employees of their option under such
program to satisfy certain tax withholding requirements through the delivery of shares to the Company instead of cash.
(2)
The Company received the Board of Directors
’
approval to repurchase shares of the Company
’
s common stock as follows:
Date of Approval
Shares
March 2001
50 million
November 2002
35 million
November 2005
50 million
August 2006
50 million
August 2008
50 million
June 2011
35 million