Tag: Securities and Exchange Act

BOCA RATON, Fla.—ADT recently completed its share repurchase program, an agreement under which it repurchased 12.6 million shares of its common stock for a total cost of $600 million, according to a company statement. In addition to the accelerated program, ADT may repurchase shares of its common stock on the open market under Rule 10b5-1 of the Securities and Exchange Act. In Dec. 2012, ADT initiated a $100 million share repurchase under that rule, in which 2.2 million shares of ADT common...