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INTERNATIONAL: Adecco plans €400m share buyback

26 June 2012
International staffing company Adecco Group is planning to buy back shares worth up to €400m (£320m).
Tue, 26 Jun 2012
International staffing company Adecco Group is planning to buy back shares worth up to €400m (£320m).

The programme will lead to the cancellation of the shares and reduction of Adecco’s share capital. The share buyback is planned to start in mid-July.In a statement, Adecco says it intends to fund the share buyback in the debt capital market and is plans to issue bonds in the near future.

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