Transaction in Own Shares

RNS Number : 3473F
Man Group plc
16 May 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 16 May 2017 it purchased for cancellation 106,248 of its ordinary shares with a weighted average price of 159.8264 pence per ordinary share pursuant to its $100 million share repurchase programme, details of which were announced on 14 October 2016. The highest price paid per share was 161.0 pence and the lowest price paid per share was 159.2 pence. Details of the relevant repurchase transactions are set out below:    

Description of shares: Man Group plc - ordinary shares 3 3/7 cents

Number of shares repurchased: 106,248

Date of transaction: 16 May 2017

Time of transaction: 08:05 - 16:35

Price: 159.8264p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 50,100,021 ordinary shares in aggregate at a weighted average price of 129.2844 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,661,885,742.

 

The Company does not hold any shares in treasury.

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Man Group (EMG)
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