Adecco completes share buyback programme
Adecco Group has completed the EUR 250m share buyback programme, launched in November 2014.
Under the programme, Adecco repurchased 3,895,500 of its shares (equal to 2.18% of the share capital at the launch of the share buyback programme) via a second trading line on SIX Swiss Exchange. The average purchase price per share excluding commissions was CHF 70.22.
The shareholders of Adecco S.A. will resolve on the reduction of share capital through cancellation of the remaining 3,318,750 repurchased shares that were not already cancelled by the Annual General Meeting 2015 (576,750 shares).