ManpowerGroup announces new share repurchase authorisation
ManpowerGroup has today announced that its board of directors has authorised a new share repurchase programme under which the company may repurchase up to 6m shares of its common stock.
The new repurchase program is in addition to the share repurchase programme authorised in October 2015. Under that programme, the Group repurchased approximately 0.7m shares in 2015 and 3.8m shares in the first two quarters of 2016, leaving approximately 1.5m shares of remaining capacity as of 30th June 2016.
Purchases under the new share repurchase programme may be made on occasion through open market purchases, block transactions, privately negotiated transactions or other facilities.