Transaction in Own Shares

RNS Number : 9332E

Man Group plc

11 May 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 11 May 2017 it purchased for cancellation 130,300 of its ordinary shares with a weighted average price of 157.6064 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 158.2 pence and the lowest price paid per share was 156.4 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: 130,300

Date of transaction: 11 May 2017

Time of transaction: 08:15 - 16:35

Price: 157.6064p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 49,684,681 ordinary shares in aggregate at a weighted average price of 129.0208 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,662,301,082.

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:

Fiona Smart
Head of Investor Relations
[phone]
[e-mail]

 

END

 

 

POSGGUMWAUPMGQG