Transaction in Own Shares

RNS Number : 3789T

Man Group plc

04 January 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 4 January 2017 it purchased for cancellation 584,578 of its ordinary shares with a weighted average price of 124.0828 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 125.0 pence and the lowest price paid per share was 122.9 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: 584,578

Date of transaction: 4 January 2017

Time of transaction: 08:10 - 16:35

Price: 124.0828p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 24,654,107 ordinary shares in aggregate at a weighted average price of 119.8058 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,684,391,862.

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
[phone]
[e-mail]

 

END

 

 

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