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Transaction in Own Shares

1 Mar 2018 18:31

RNS Number : 4686G
Man Group plc
01 March 2018
 

 

Transaction in our own shares

 

Man Group plc (the "Company") announces that on 1st March 2018 it purchased for cancellation 801,570 of its ordinary shares with a weighted average price of 165.8534 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 13th October 2017. The highest price paid per share was 171.8 pence and the lowest price paid per share was 164.0 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: 801,570

 

Date of transaction: 1 March 2018

 

Time of transaction: 08:20 - 16:35

 

Price: 165.8534

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 23,449,441 ordinary shares in aggregate at a weighted average price of 192.7281 pence per share.

 

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,630,575,954.

 

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 Smart

Head of Investor Relations

+44 20 7144 2030

fiona.smart@man.com

 

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