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Transaction in Own Shares

11th Aug 2017 17:44

RNS Number : 8434N
Man Group plc
11 August 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 11 August 2017 it purchased for cancellation 123,725 of its ordinary shares with a weighted average price of 160.2057 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 161.10 pence and the lowest price paid per share was 159.30 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: 123,725

Date of transaction: 11 August 2017

Time of transaction: 08:10 - 16:30

Price: 160.2057p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 57,065,497 ordinary shares in aggregate at a weighted average price of 132.4965 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,654,920,266.

 

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 SmartHead of Investor Relations+44 20 7144 2030fiona.smart@man.com

 

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