Transaction in Own Shares

RNS Number : 6483S
Man Group plc
10 March 2023
 

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 as part of its US$125 million share buyback programme announced on 9 March 2023.

 

Date of purchase:

10 March 2023

 

Number of ordinary shares purchased:

1,883,156

 

Time of transaction:

08:20 to 16:30

 

Highest price per share:

284.2000

 

Lowest price per share:

279.6000

 

Weighted average price per share:

282.3430

 

 

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 72,804,813 of its ordinary shares in treasury and will have 1,240,545,146 ordinary shares in issue (excluding treasury shares). Note: This figure takes into account the transfer from treasury of 5,458,697 ordinary shares on 10 March 2023 pursuant to the vesting of awards under various partner share plans.

 

Since the commencement of the share repurchase programme, the Company has repurchased 1,883,156 ordinary shares in aggregate at a weighted average price of 282.3430 pence per share.

 

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

 

The table below contains detailed information about the purchases made as part of the buyback programme.

 

Schedule of Purchases

 

Shares purchased: 1,883,156 (ISIN: JE00BJ1DLW90)

 

Date of purchases: 10 March 2023

 

Investment firm: J.P. Morgan Securities plc

 

Aggregated information:

 

Venue

Lowest price per share

Highest price per share

Aggregated volume

Weighted average purchase price

London Stock Exchange

279.7000

284.2000

1,348,544

282.3360

BATS Europe

279.6000

284.2000

534,612

282.3606

 

Enquiries

Karan Shirgaokar

Director, Head of Investor Relations

+44 (0)20 7144 1434

investor.relations@man.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSGPUMCWUPWGMU

Companies

Man Group (EMG)
UK 100

Latest directors dealings