Transaction in Own Shares

RNS Number : 1952F

Man Group plc

15 May 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 15 May 2017 it purchased for cancellation 74,177 of its ordinary shares with a weighted average price of 161.0522 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 161.5 pence and the lowest price paid per share was 160.3 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: 74,177

Date of transaction: 15 May 2017

Time of transaction: 08:05 - 16:35

Price: 161.0522p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 49,993,773 ordinary shares in aggregate at a weighted average price of 129.2195 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,661,991,990.

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

 

 

POSGGUWWAUPMGQA