ADP 2008 Annual Report Download - page 10

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Issuer Purchases of Equity Securities
(1) Pursuant to the terms of the Company’ s restricted stock program, the Company made purchases of 1,500 shares during April 2008 and 501
shares during May 2008 at a price of $.10 per share under the terms of such program to repurchase stock granted to employees who have left
the Company.
(2) The average price per share does not include the repurchases described in the preceding footnote.
(3) In March 2001, the Company received the Board of Directors’ approval to repurchase up to 50 million shares of the Company’ s common
stock. In November 2002, November 2005 and August 2006, the Company received the Board of Directors’ approval to repurchase an
additional 35 million, 50 million and 50 million shares, respectively, of the Company’ s common stock. There is no expiration date for the
common stock repurchase plan.
10
(a) (b) (c) (d)
Total Number
of Shares Maximum
Purchased as Part Number of Shares
of the Publicly that may yet be
Announced Purchased under
Common Stock the Common
Total Number of Average Price Repurchase Plan Stock Repurchase
Period Shares Purchased (1) Paid per Share (2) (3) Plan (3)
April 1, 2008 to
April 30, 2008 501,500 $43.55 500,000 19,930,740
May 1, 2008 to
May 31, 2008 3,956,501 $43.17 3,956,000 15,974,740
June 1, 2008 to
June 30, 2008 5,130,800 $42.75 5,130,800 10,843,940
Total 9,588,801 9,586,800