Transaction in Own Shares

RNS Number : 4578H
Man Group plc
24 March 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 24 March 2020 it purchased 1,008,467 of its ordinary shares with a weighted average price of 113.3675 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 114.90 pence and the lowest price paid per share was 110.60 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: 1,008,467

 

Date of transaction: 24/03/2020

 

Time of transaction: 8:00 to 16:30

 

Price: 113.3675p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 33,241,423 ordinary shares in aggregate at a weighted average price of 133.92781 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 35,478,106 of its ordinary shares in treasury and will have 1,506,316,664 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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Man Group (EMG)
UK 100

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