This excerpt taken from the MAN 8-K filed Nov 6, 2006.
Manpower Inc. Increases Dividend 19% and Announces Share Repurchase Program
MILWAUKEE, WI, USA, November 1, 2006 On October 31, 2006 the Board of Directors of Manpower Inc. (NYSE: MAN) approved an increase in the semi-annual dividend to 32 cents per share from 27 cents per share. The dividend is payable on December 15, 2006 to shareholders of record on December 5, 2006.
The Board of Directors also approved a share repurchase program, which gives the Company the ability to purchase up to 5 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. Common stock acquired through the repurchase program will be available for general corporate purposes.
Todays announcement is an indication of our confidence in the growth and potential of the Manpower business, said Jeffrey A. Joerres, Manpower Chairman and CEO. Enhancing shareholder returns through a 19% increase of our dividend and additional share repurchase activity demonstrates our commitment to return capital to our shareholders and support continued business growth.
Additional financial information about Manpower Inc., including stock history, dividend history and annual shareholder reports, can be found at http://investor.manpower.com/.