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Transaction in Own Shares

6th Apr 2017 17:51

RNS Number : 8631B
Man Group plc
06 April 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 6 April 2017 it purchased for cancellation 236,864 of its ordinary shares with a weighted average price of 144.2114 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 145.1 pence and the lowest price paid per share was 143.3 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: 236,864

Date of transaction: 6 April 2017

Time of transaction: 08:05 - 16:35

Price: 144.2114p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 46,231,147 ordinary shares in aggregate at a weighted average price of 127.4198 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,665,754,616.

 

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:

Andrea WatersHead of Investor Relations+44 20 7144 3508[email protected]

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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