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Transaction in Own Shares

25th Oct 2016 18:05

RNS Number : 4444N
Man Group plc
25 October 2016
 

Transaction in own shares

Man Group plc (the "Group") announces that on 25 October 2016 it purchased for cancellation 346,419 of its ordinary shares at an average price of 125.3022 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 125.8 pence and the lowest price paid per share was 124.6 pence with a weighted average price of 125.3022 pence per share. 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: 346,419

Date of transaction: 25 October 2016

Time of transaction: 08:30 - 16:35

Price: 125.3022p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Group has repurchased 1,506,222 ordinary shares in aggregate at a weighted average price of 124.0182 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,701,807,404.

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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