Adjustment: Accedo Group Completes Shares Consolidation Process
The Adecco Group, a leading global talent advisory and solutions company headquartered in Zurich, Switzerland, has announced a significant change in its share structure following the cancellation of 1,424,388 shares acquired under its share buyback program until 27 July 2021.
In an approved move at the Annual General Meeting held in April 2022, the cancellation of these treasury shares and the subsequent reduction of the Company's share capital were agreed upon by shareholders. The capital reduction was officially registered with the Commercial Register on 22 June 2022 and published in the Swiss Official Gazette of Commerce.
As a result of this reduction, the new share capital of the Adecco Group comprises 168,426,561 registered shares, each with a nominal value of CHF 0.10. This leaves the company's share capital at CHF 16,842,656.10.
The Adecco Group, a Fortune Global 500 company, is committed to its culture of inclusivity, entrepreneurship, and teamwork, which empowers its 38,000 employees worldwide. The company leads by example, creating shared value that fuels economies and builds better societies.
For more detailed information about the company's financial status, share capital, and other relevant data, it is recommended to check the company's official website or recent financial reports. The Adecco Group's Investor Relations department can be contacted at investor.relations@ourwebsite or by phone at 41 (0)44 878 88 88. For media enquiries, please contact the Adecco Group's Press Office at media@ourwebsite or by phone at 41 (0)44 878 87 87.
[1] Market capitalization figures are approximate and may vary based on current market conditions. [2] For a comprehensive list of Adecco Group's brands, please visit the company's official website.
With the cancellation of treasury shares and the ensuing reduction of share capital, the Adecco Group has adjusted its financial landscape, readying itself for the future of work. As the company reduces share capital and reaffirms its commitment to its employees and business partners, investors are encouraged to consult the latest financial reports for a clear understanding of its current financial status and share capital.
