UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events
On August 4, 2023 the Board of Directors of the Company approved a new share repurchase program which gives the Company the ability to repurchase up to 5 million shares of its issued and outstanding common stock. This new repurchase program is in addition to the share repurchase program authorized in August 2021, of which approximately 0.9 million shares remained available for repurchase as of June 30, 2023.
The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01. Exhibits
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99.1 |
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MANPOWERGROUP INC. |
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Dated: August 4, 2023 |
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/s/ Richard Buchband |
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Name: |
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Richard Buchband |
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Title: |
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Senior Vice President, General Counsel and Secretary |
EXHIBIT 99.1
FOR IMMEDIATE RELEASE |
CONTACT: |
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Nick Hengst, Investor Relations Manager |
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+1.414.906.7356 |
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nicholas.hengst@manpowergroup.com |
ManpowerGroup Announces New Share Repurchase Program
MILWAUKEE (August 4, 2023) – ManpowerGroup (NYSE: MAN) today announced that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to 5.0 million shares of its common stock.
The new repurchase program is in addition to the share repurchase program authorized in August 2021, of which approximately 0.9 million shares remained available for repurchase as of June 30, 2023.
Purchases under the new share repurchase program may be made from time to time through open market purchases, block transactions, privately negotiated transactions or other facilities.
Additional financial information about ManpowerGroup, including stock history and annual shareholder reports, can be found at http://investor.manpowergroup.com.
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ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2023 ManpowerGroup was named one of the World's Most Ethical Companies for the 14th time – all confirming our position as the brand of choice for in-demand talent. For more information, visit www.manpowergroup.com.