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Transaction in Own Shares

25th Jan 2017 17:48

RNS Number : 1419V
Man Group plc
25 January 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 25 January 2017 it purchased for cancellation 181,059 of its ordinary shares with a weighted average price of 129.8044 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 131.6 pence and the lowest price paid per share was 129.1 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: 181,059

Date of transaction: 25 January 2017

Time of transaction: 08:15 - 14:25

Price: 129.8044p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 31,825,247 ordinary shares in aggregate at a weighted average price of 120.9084 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,677,220,722.

 

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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