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Transaction in Own Shares

7 Jun 2017 17:16

RNS Number : 4694H
Man Group plc
07 June 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 7 June 2017 it purchased for cancellation 125,650 of its ordinary shares with a weighted average price of 154.2831 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 155.8 pence and the lowest price paid per share was 152.5 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: 125,650

Date of transaction: 7 June 2017

Time of transaction: 08:10 - 16:35

Price: 154.2831p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 51,504,836 ordinary shares in aggregate at a weighted average price of 130.0167 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,660,480,927.

 

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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