Transaction in Own Shares

RNS Number : 7178K
Man Group plc
23 April 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 23 April 2020 it purchased 805,605 of its ordinary shares with a weighted average price of 129.7227 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 14 October 2019.  The highest price paid per share was 132.25 pence and the lowest price paid per share was 128.40 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: 805,605

 

Date of transaction: 23/04/2020

 

Time of transaction: 8:00 to 16:40

 

Price: 129.7227p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 51,582,728 ordinary shares in aggregate at a weighted average price of 130.44262 pence per share.

 

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 53,769,411 of its ordinary shares in treasury and will have 1,488,025,359 ordinary shares in issue (excluding treasury shares).

 

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

 

Enquiries

 

Alex Dee

Head of Investor Relations

+44 20 7144 1370

Alex.Dee@man.com


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Companies

Man Group (EMG)
UK 100

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