ADP (ADP) Stock Buybacks: 37.0% of Shares Retired Since 2000

Name: ADP (ADP) shares outstanding since 1999, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings

1999, 624,590,7712026-07-31, 397,262,737

A share bought in 1999

1.6× more of ADP today, without buying another share. It was one of 624,590,771 shares then. It is one of 397,262,737 now.

Every filing we read28 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
1999	1999-09-10	624,590,771	10-K	cover page
2000	2000-09-06	630,126,931	10-K	cover page
2001	2001-08-31	620,140,157	10-K405	cover page
2002	2002-08-31	604,067,745	10-K	cover page
2003	2003-08-31	594,883,230	10-K	cover page
2004	2004-08-24	584,153,997	10-K	cover page
2005	2005-08-24	578,425,694	10-K	cover page
2006	2006-08-23	555,570,420	10-K	cover page
2007	2007-08-22	531,060,120	10-K	cover page
2008	2008-08-22	508,864,299	10-K	cover page
2009	2009-06-30	501,700,000	10-K
2010	2010-08-20	492,022,525	10-K
2011	2011-08-12	489,677,633	10-K
2012	2012-08-10	484,504,817	10-K
2013	2013-08-09	482,823,076	10-K
2014	2014-07-31	480,912,107	10-K
2015	2015-07-31	465,810,128	10-K
2016	2016-07-29	456,176,951	10-K
2017	2017-07-31	444,374,752	10-K
2018	2018-07-31	438,082,756	10-K
2019	2019-07-31	433,942,837	10-K
2020	2020-07-31	429,965,405	10-K
2021	2021-07-30	423,080,556	10-K
2022	2022-07-29	415,516,984	10-K
2023	2023-07-31	411,986,870	10-K
2024	2024-08-02	407,795,203	10-K
2025	2025-08-01	405,043,142	10-K
2026	2026-07-31	397,262,737	10-K	cover page

Source: all 10-K filings of ADP on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

ADP buybacks, answered

Is ADP buying back its stock?

Yes. ADP has 1.8% fewer shares outstanding than twelve months ago, 397,262,737 as of July 31, 2026. Over five years the share count is down 5.7%.

How many shares has ADP bought back?

Net of every new share it issued, ADP has 232.9 million fewer shares than at its 2000 peak. That is 37.0% of the company. Since fiscal 2008 alone it bought back about 118.0 million shares, while the count fell by 111.6 million. The difference went to employees and other new shares.

How many shares does ADP have outstanding?

397,262,737 shares, as of July 31, 2026, from the cover page of its latest 10-K. At the 2000 peak it had 630,126,931.

What do ADP's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held ADP stock in 2000 owns 1.6 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does ADP compare with other cannibal stocks?

ADP ranks No. 135 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Copart (37.3%), Comcast (37.0%), Columbia Sportswear (36.5%), Waste Management (36.4%).

Every answer is computed from ADP's own SEC filings and rebuilt every Monday. Latest count: 10-K on EDGAR.

Superinvestors who own it

First EagleFirst Eagle Investment Management10,347,858 shares, $2.3B, Q2 2026

Jensen InvestmentJensen Investment Management82,492 shares, $18.5M, Q2 2026

David KatzMatrix Asset Advisors54,310 shares, $14.0M, Q3 2026

Terry SmithFundsmith2,601,567 shares, $582.6M, Q2 2026

Francois RochonGiverny Capital654,556 shares, $146.6M, Q2 2026

From the latest 13F filings. All superinvestors.

ADP