Transaction in Own Shares

RNS Number : 3169K
Man Group plc
27 August 2019
 

Transactions in own shares

 

Man Group plc (the "Company") announces that it has purchased the following number of its ordinary shares of 3 3/7 US cents on the London Stock Exchange through J.P. Morgan Securities plc as part of its US$100 million share repurchase programme (originally announced on 22 October 2018, with the increase of the maximum consideration from US$50 million to US$100 million announced on 24 December 2018).

 

Date of purchase:

27 August 2019

 

Number of ordinary shares purchased:

146,425

 

Time of transaction:

08:00 to 16:30

 

Highest price per share:

173.4500

 

Lowest price per share:

167.5500

 

Weighted average price per share:

171.4036

 

 

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 8,956,785 of its ordinary shares in treasury and will have 1,532,837,985 ordinary shares in issue (excluding treasury shares).

 

Since the commencement of the share repurchase programme, 49,441,544 ordinary shares have been repurchased in aggregate at a weighted average price of 143.5453 pence per share.

 

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

 

Enquiries

 

Fiona Smart

 

Head of Investor Relations

 

+44 20 7144 2030

 

fiona.smart@man.com


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Companies

Man Group (EMG)
UK 100

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