Last checked at 17 Mar 2020 17:40
Transaction in own shares
Man Group plc (the "Company") announces that on 17 March 2020 it purchased 1,750,000 of its ordinary shares with a weighted average price of 96.7765 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 14 October 2019. The highest price paid per share was 100.70 pence and the lowest price paid per share was 90.04 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: 1,750,000
Date of transaction: 17/03/2020
Time of transaction: 08.05 to 16.40
Price: 96.7765p
Broker: Credit Suisse Securities (Europe) Limited
Since the commencement of the share repurchase programme, the Company has repurchased 30,220,097 ordinary shares in aggregate at a weighted average price of 136.50188 pence per share.
The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 32,456,780 of its ordinary shares in treasury and will have 1,509,337,990 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 50,000 ordinary shares on 17 March 2020 in order to satisfy the exercise of options under the Company's Sharesave Scheme).
All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.
Enquiries
Alex Dee
Head of Investor Relations
+44 20 7144 1370
Alex.Dee@man.com