Corporate GovernanceMay 8, 2026, 05:07 PM
ManpowerGroup Shareholders Approve Equity Plan, Director Removal
AI Summary
ManpowerGroup Inc. shareholders approved significant corporate governance changes at the 2026 Annual Meeting. This included amending the 2011 Equity Incentive Plan to increase authorized shares by 1,100,000 and extend its duration to 2036. Shareholders also approved an amendment to the Articles of Incorporation to allow director removal with or without cause, with the Board subsequently amending the By-Laws. Additionally, the Board declared a semi-annual dividend of $0.72 per share, payable on June 15, 2026, to shareholders of record on June 1, 2026.
Key Highlights
- Shareholders approved amendment to 2011 Equity Incentive Plan.
- Authorized shares for issuance under the plan increased by 1,100,000.
- Plan duration extended to permit grants through May 8, 2036.
- Shareholders approved amendment to permit director removal with or without cause.
- Board declared a semi-annual dividend of $0.72 per share.
- Dividend payable June 15, 2026, to shareholders of record June 1, 2026.
- Shareholders elected ten directors for a one-year term.
- Shareholders ratified Deloitte & Touche LLP as independent auditors for 2026.
Price Impact
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