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): December 17, 2010
MANPOWER INC.
(Exact name of registrant as specified in its charter)
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Wisconsin
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1-10686
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39-1672779
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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100 Manpower Place
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Milwaukee, Wisconsin
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53212
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (414) 961-1000
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01. Other Events.
The Board of Directors of Manpower Inc. (the “Company”) 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. A copy of the related press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
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(d) Exhibits
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Exhibit No.
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Description
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| 99.1 |
Press Release dated December 17, 2010.
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SIGNATURES
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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MANPOWER INC.
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Dated: December 17, 2010
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By:
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/s/ Kenneth C. Hunt
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Kenneth C. Hunt
Senior Vice President, General Counsel
and Secretary
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EXHIBIT INDEX
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Exhibit No.
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Description
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| 99.1 |
Press Release dated December 17, 2010
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Exhibit 99.1
FOR IMMEDIATE RELEASE Contact:
Mike Van Handel
Manpower Inc.
+1.414.906.6305
michael.vanhandel@manpower.com
Manpower Inc. Announces New Share Repurchase Program
The Board of Directors of Manpower Inc. (NYSE:MAN) 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 this program may be made from time to time in open market or privately negotiated transactions.
In addition to the new repurchase program, the Company 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.
Additional financial information about Manpower Inc., including stock history, dividend history and annual shareholder reports, can be found at http://investor.manpower.com.
About Manpower Inc.
Manpower Inc. (NYSE: MAN) is a world leader in innovative workforce solutions; creating and delivering services that enable its clients to win in the changing world of work. With more than 60 years of experience, Manpower offers employers a range of solutions and services for the entire employment and business cycle including permanent, temporary and contract recruitment; employee assessment and selection; training; outplacement; outsourcing and consulting. Manpower's worldwide network of nearly 4000 offices in 82 countries and territories enables the company to meet the needs of its 400,000 clients per year, including small and medium size enterprises in all industry sectors, as well as the world's largest multinational corporations. The focus of Manpower's work is on raising productivity through improved quality, efficiency and cost-reduction across their total workforce, enabling clie
nts to concentrate on their core business activities. Manpower Inc. operates under four brands: Manpower, Manpower Professional, Elan and Right Management. More information on Manpower Inc. is available at www.manpower.com.
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