IN BRIEF: Man Group starts USD100 million buyback following results

Man Group PLC - London-based investment manager in public and private markets - Launches share buyback programme worth up to USD100.0 million. The buyback will be run by investment bank Goldman Sachs International. It will start on Monday and be completed within 12 months. Man Group completed a USD50 million share buyback in 2024 and USD125 million in 2023. In its annual results announcement on Thursday, the company noted it has bought back USD900 million in shares over the past five years, adding to the same amount of money returned to shareholder via cash dividends.

Current stock price: 216.00 pence, up 1.0% in London on Friday

12-month change: down 10%

By Tom Waite, Alliance News editor

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