Reduction of Share Capital Finalized by ADECCO
In a significant move, global workforce solutions provider Adecco has announced a reduction in its share capital, following the approval of the cancellation of shares at the Annual General Meeting (AGM) 2015.
On July 1, 2015, the share capital reduction will be published in the Swiss Commercial Gazette. The reduction was registered with the Commercial Register on June 26, 2015. This followed the cancellation of 4,606,873 shares acquired under the share buyback programmes, which were approved by the company's shareholders at the AGM.
As a result, the company's share capital now amounts to CHF 174,474,937. Each share has a nominal value of CHF 1.-, and the share capital is divided into 174,474,937 registered shares.
For those seeking more information, the Corporate Investor Relations can be contacted at [email protected] or +41 (0) 44 878 89 89. Alternatively, the Adecco Corporate Press Office can be reached at [email protected] or +41 (0) 44 878 87 87.
It is important to note that this release contains forward-looking statements, which involve risks and uncertainties. Actual results could differ materially from the company's current expectations. Factors that could affect the company's forward-looking statements include global GDP trends, changes in regulation of temporary work, intense competition, integration of acquired companies, changes in the ability to attract and retain personnel or clients, potential impact of IT disruptions, and adverse developments in existing commercial relationships.
The company assumes no duty to update any such forward-looking statements. Forward-looking statements are based on information available as of the date of the release.
For further details, please contact the Corporate Investor Relations of the company.
