Transaction in Own Shares

RNS Number : 8842Q
Man Group plc
02 December 2016
 

Transaction in own shares

Man Group plc (the "Company") announces that on 2 December 2016 it purchased for cancellation 357,016 of its ordinary shares with a weighted average price of 113.5956 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 114.7 pence and the lowest price paid per share was 112.6 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: 357,016

Date of transaction: 2 December 2016

Time of transaction: 08:15 - 16:25

Price: 113.5956p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 14,822,660 ordinary shares in aggregate at a weighted average price of 121.8599 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,688,556,637.

 

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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