Transaction in Own Shares

RNS Number : 8727Z

Man Group plc

17 March 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 17 March 2017 it purchased for cancellation 685,327 of its ordinary shares with a weighted average price of 146.2887 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 147.3 pence and the lowest price paid per share was 145.4 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: 685,327

Date of transaction: 17 March 2017

Time of transaction: 08:10 - 16:35

Price: 146.2887p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 43,317,763 ordinary shares in aggregate at a weighted average price of 126.2517 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,668,650,974.

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]

 

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