Kelly Services adopts stockholder rights plan amid trust share sale

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Go back to Kelly Services adopts stockholder rights plan amid trust share sale

Kelly Services Adopts Stockholder Rights Plan

January 12, 2026 7:30 AM EST

TROY, MI, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Kelly Services, Inc. (Nasdaq: KELYA, KELYB) (the Company), a leading specialty talent solutions provider, announced today that its Board of Directors (the Board) has unanimously adopted a stockholder rights plan (the Rights Plan).

On Friday, January 9, 2026, the Terence E. Adderley Revocable Trust K (the Trust) notified the Board that it has entered into a definitive agreement to sell its entire holding, which constitutes 92.2%, of the voting Class B common stock to a private party. The Board and its advisors met several times over the course of the following days, and at a meeting held on January... More