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.
Purchases under the program may be made from time to time in open market or privately negotiated transactions.
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.
