Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Transaction in Own Shares

24 Mar 2023 17:48

RNS Number : 2197U
Man Group plc
24 March 2023
Ā 

Transactions in own shares

Ā 

Man Group plc (the "Company") announces that it has purchased the following number of its ordinary shares of 3 3/7 US cents on the London Stock Exchange as part of its US$125 million share buyback programme announced on 9 March 2023.

Ā 

Date of purchase:

24 March 2023

Ā 

Number of ordinary shares purchased:

2,777,053

Ā 

Time of transaction:

08:05 to 16:30

Ā 

Highest price per share:

241.1000

Ā 

Lowest price per share:

234.3000

Ā 

Weighted average price per share:

237.7791

Ā 

Ā 

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 96,860,267 of its ordinary shares in treasury and will have 1,216,489,692 ordinary shares in issue (excluding treasury shares).

Ā 

Since the commencement of the share repurchase programme, the Company has repurchased 25,979,710 ordinary shares in aggregate at a weighted average price of 245.8276 pence per share.

Ā 

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

Ā 

The table below contains detailed information about the purchases made as part of the buyback programme.

Ā 

Schedule of Purchases

Ā 

Shares purchased: 2,777,053 (ISIN: JE00BJ1DLW90)

Ā 

Date of purchases: 24 March 2023

Ā 

Investment firm: J.P. Morgan Securities plc

Ā 

Aggregated information:

Ā 

Venue

Lowest price per share

Highest price per share

Aggregated volume

Weighted average purchase price

London Stock Exchange

234.3000

241.1000

2,111,357

237.7716

BATS Europe

234.7000

240.9000

665,696

237.8029

Ā 

Enquiries

Karan Shirgaokar

Director, Head of Investor Relations

+44 (0)20 7144 1434

investor.relations@man.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Ā 
END
Ā 
Ā 
POSPPUMCWUPWGMC

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS