8-K
0000871763false00008717632023-08-042023-08-04

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 4, 2023

MANPOWERGROUP INC.

(Exact name of registrant as specified in its charter)

 

Wisconsin

1-10686

39-1672779

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

 

 

100 Manpower Place

 

Milwaukee, Wisconsin

 

53212

(Address of principal executive offices)

 

(Zip Code)

 

Registrant's telephone number, including area code: (414) 961-1000

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $.01 par value

MAN

New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 


 

 

 

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

Exhibit No.

Description

99.1

Press Release dated August 4, 2023

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.

 

MANPOWERGROUP INC.

 

 

Dated: August 4, 2023

By:

 

/s/ Richard Buchband

Name:

Richard Buchband

Title:

Senior Vice President, General Counsel and Secretary

 

 


EX-99.1

EXHIBIT 99.1

 

https://cdn.kscope.io/9643badc4e0f830fb7737214a80c5b22-img66454475_0.jpg 

FOR IMMEDIATE RELEASE

CONTACT:

 

 

 

 

Nick Hengst, Investor Relations Manager

 

 

 

+1.414.906.7356

 

 

 

[email protected]

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.

###

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.