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Transaction in Own Shares

19th Apr 2017 17:50

RNS Number : 7878C
Man Group plc
19 April 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 19 April 2017 it purchased for cancellation 227,378 of its ordinary shares with a weighted average price of 144.7904 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 145.7 pence and the lowest price paid per share was 143.9 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: 227,378

Date of transaction: 19 April 2017

Time of transaction: 08:05 - 16:35

Price: 144.7904p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 47,605,021 ordinary shares in aggregate at a weighted average price of 127.9530 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,664,380,742.

 

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
 
END
 
 
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