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Transaction in Own Shares

26th Feb 2018 17:49

RNS Number : 9794F
Man Group plc
26 February 2018
 

 

Transaction in our own shares

 

Man Group plc (the "Company") announces that on 26th February 2018 it purchased for cancellation 422,244 of its ordinary shares with a weighted average price of 178.6502 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 13th October 2017. The highest price paid per share was 179.65 pence and the lowest price paid per share was 177.80 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: 422,244

 

Date of transaction: 26 February 2018

 

Time of transaction: 08:10 - 16:35

 

Price: 178.6502

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 21,055,830 ordinary shares in aggregate at a weighted average price of 194.976 pence per share.

 

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,632,969,565.

 

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

 

Fiona Smart

Head of Investor Relations

+44 20 7144 2030

[email protected]

 

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