ADT authorizes repurchase of 15M shares of its common stock as part of offering

ADT has authorized the concurrent purchase from the underwriters of 15M shares of common stock as part of the secondary public offering subject to the completion of the common stock offering. The share repurchase is part of the company’s existing $350M share repurchase program. The underwriters will not receive any underwriting fees for the shares being repurchased by the company.