Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market for Registrant's Common Equity
The principal market for the Company’s common stock is the NASDAQ Global Select Market under the symbol ADP. As of June 30, 2026, there were 28,950 holders of record of the Company’s common stock. As of such date, 2,004,432 additional holders held their common stock in “street name.”
Issuer Purchases of Equity Securities
Period Total Number of Shares Purchased (1) Average Price Paid per Share (2) Total Number of Shares Purchased as Part of the Publicly Announced Common Stock Repurchase Plan (1) Maximum Approximate Dollar Value
of Shares that
may yet be
Purchased under
the Common Stock
Repurchase Plan (1) (2)
April 1, 2026 to
April 30, 2026
1,048,451 $202.29 1,048,451 $5,278,101,357
May 1, 2026 to
May 31, 2026
928,416 $217.56 928,416 $5,076,113,551
June 1, 2026 to
June 30, 2026
932,828 $227.36 932,828 $4,864,027,161
Total 2,909,695 2,909,695
(1) The Company received the Board of Directors' approval in January 2026 to repurchase $6 billion of its common stock.
(2) Inclusive of the impact of the one-percent excise tax under the Inflation Reduction Act of 2022.
There is no expiration date for the common stock repurchase authorization.
For equity compensation plan information, please refer to Item 12 in Part III of this Annual Report on Form 10-K.
25
Performance Graph
The following graph compares the cumulative return on ADP's common stock for the most recent five years with the cumulative return on the S&P 500 Index and the Peer Group Index, (a) assuming an initial investment of $100 on June 30, 2021, with all dividends reinvested. The stock price performance shown on this graph may not be indicative of future performance.
(a) We use the Nasdaq Dividend Achievers Select Index as our Peer Group Index. The Nasdaq Dividend Achievers Select Index is a select group of companies, that includes ADP, with at least ten consecutive years of increasing annual regular dividend payments.
Item 6. Selected Financial Data
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.