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Transaction in Own Shares

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RNS Number : 2405X
Man Group plc
17 February 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 17 February 2017 it purchased for cancellation 185,378 of its ordinary shares with a weighted average price of 141.0848 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 141.8 pence and the lowest price paid per share was 140.1 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: 185,378

Date of transaction: 17 February 2017

Time of transaction: 08:05 - 16:35

Price: 141.0848p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 37,361,391 ordinary shares in aggregate at a weighted average price of 123.3050 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,671,699,172.

 

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:

Andrea Waters
Head of Investor Relations
+44 20 7144 3508
andrea.waters@man.com

 


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