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Transaction in Own Shares

11 Sep 2017 17:43

RNS Number : 4275Q
Man Group plc
11 September 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 11 September 2017 it purchased for cancellation 49,824 of its ordinary shares with a weighted average price of 165.7973 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 166.30 pence and the lowest price paid per share was 165.10 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: 49,824

Date of transaction: 11 September 2017

Time of transaction: 08:05 - 16:35

Price: 165.7973p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 58,752,077 ordinary shares in aggregate at a weighted average price of 133.4483 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,653,233,686.

 

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 2030fiona.smart@man.com

 

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