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Transaction in Own Shares

14th Nov 2016 17:47

RNS Number : 1484P
Man Group plc
14 November 2016
 

Transaction in own shares

Man Group plc (the "Company") announces that on 14 November 2016 it purchased for cancellation 458,592 of its ordinary shares with a weighted average price of 126.2766 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 127.3 pence and the lowest price paid per share was 124.0 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: 458,592

Date of transaction: 14 November 2016

Time of transaction: 08:15 - 16:35

Price: 126.2766p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 8,256,302 ordinary shares in aggregate at a weighted average price of 123.5827 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,695,122,995.

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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