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Transaction in Own Shares

27th Jun 2017 17:31

RNS Number : 3492J
Man Group plc
27 June 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 27 June 2017 it purchased for cancellation 108,216 of its ordinary shares with a weighted average price of 158.3899 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 159.30 pence and the lowest price paid per share was 157.40 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: 108,216

Date of transaction: 27 June 2017

Time of transaction: 08:10 - 16:35

Price: 158.3899p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 53,596,403 ordinary shares in aggregate at a weighted average price of 130.9567 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,658,389,360.

 

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 2030[email protected]

 

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