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Transaction in Own Shares

21st Mar 2017 17:55

RNS Number : 1405A
Man Group plc
21 March 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 21 March 2017 it purchased for cancellation 345,259 of its ordinary shares with a weighted average price of 144.5234 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 146.5 pence and the lowest price paid per share was 144.1 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: 345,259

Date of transaction: 21 March 2017

Time of transaction: 08:20 - 16:35

Price: 144.5234p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 43,837,123 ordinary shares in aggregate at a weighted average price of 126.4740 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,668,131,614.

 

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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