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    ADEN   CH0012138605

ADECCO GROUP AG

(ADEN)
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Delayed Swiss Exchange  -  11:30 2022-08-16 am EDT
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ADECCO : COMPLETES SHARE CAPITAL REDUCTION

06/27/2022 | 12:05pm EDT

Group press release, Zurich, Switzerland, 27 June 2022

ADECCO GROUP COMPLETES SHARE CAPITAL REDUCTION

The Adecco Group, the world's leading talent advisory and solutions company, has cancelled 1,424,388 shares acquired until 27 July 2021 under the share buyback program. The new share capital comprises 168,426,561 registered shares.

At the Annual General Meeting in April 2022, shareholders of Adecco Group AG approved the cancellation of treasury shares acquired under the 2021 share buyback programme and the corresponding reduction of the Company's share capital.

The capital reduction was registered with the Commercial Register on 22 June 2022, and was subsequently published in the Swiss Official Gazette of Commerce.

Following the cancellation of shares, the share capital of Adecco Group AG amounts to CHF 16,842,656.10, divided into 168,426,561 registered shares with a nominal value of CHF 0.10 each.

About the Adecco Group

The Adecco Group is the world's leading talent advisory and solutions company. We believe in making the future work for everyone, and every day enable more than 3.5 million careers. We skill, develop and hire talent in 57 countries, enabling organisations to embrace the future of work. As a Fortune Global 500 company, we lead by example, creating shared value that fuels economies and builds better societies. The Group is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).

For further information please contact:

Investor Relations

Press Office

investor.relations@adeccogroup.com

media@adeccogroup.com

+41 (0)44 878 88 88

+41 (0)44 878 87 87

Disclaimer

Adecco Group AG published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 16:04:00 UTC.


© Publicnow 2022
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Financials
Sales 2021 20 942 M 21 324 M 21 324 M
Net income 2021 538 M 548 M 548 M
Net Debt 2021 493 M 502 M 502 M
P/E ratio 2021 10,4x
Yield 2021 6,70%
Capitalization 6 084 M 6 159 M 6 195 M
EV / Sales 2021 0,31x
EV / Sales 2022 0,36x
Nbr of Employees 37 979
Free-Float 93,6%
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 34,66 €
Average target price 44,95 €
Spread / Average Target 29,7%
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Managers and Directors
Denis Machuel Chief Executive Officer
Coram Williams Chief Financial Officer
Jean-Christophe Deslarzes Chairman
Ralf Weissbeck Group Chief Information Officer
David Norman Prince Independent Non-Executive Director
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