Transaction in Own Shares

RNS Number : 2533A

Man Group plc

22 March 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 22 March 2017 it purchased for cancellation 225,641 of its ordinary shares with a weighted average price of 142.3768 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 143.1 pence and the lowest price paid per share was 141.6 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: 225,641

Date of transaction: 22 March 2017

Time of transaction: 08:00 - 16:35

Price: 142.3768p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 44,062,764 ordinary shares in aggregate at a weighted average price of 126.5554 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,667,905,973.

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

 

 

POSPGUPWWUPMGMP