Manpower board approves stock repurchase program
The board of directors of Milwaukee-based Manpower Inc. has approved a new share repurchase program, which gives the company the ability to repurchase up to 3 million shares of its issued and outstanding common stock.
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Purchases under the program may be made from time to time in open market or privately negotiated transactions.
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In addition to the new repurchase program, Manpower still has approximately 0.2 million shares available to repurchase, not to exceed a cost of $147.3 million, under its repurchase program previously authorized in August 2007. The total amount repurchased to date under this authorization is 4.8 million shares at a cost of $252.7 million.
