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Transaction in Own Shares

19th Dec 2016 17:46

RNS Number : 2910S
Man Group plc
19 December 2016
 

Transaction in own shares

Man Group plc (the "Company") announces that on 19 December 2016 it purchased for cancellation 183,438 of its ordinary shares with a weighted average price of 120.8297 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 122.4 pence and the lowest price paid per share was 119.9 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: 183,438

Date of transaction: 19 December 2016

Time of transaction: 08:05 - 16:30

Price: 120.8297p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 23,057,370 ordinary shares in aggregate at a weighted average price of 119.6605 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,680,337,737.

 

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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