Transaction in Own Shares

RNS Number : 6077Z

Man Group plc

20 May 2019

 

Transactions in own shares

Man Group plc (the "Company") announces that it has purchased the following number of its ordinary shares of 3 3/7 US cents on the London Stock Exchange through J.P. Morgan Securities plc as part of its US$100 million share repurchase programme (originally announced on 22 October 2018, with the increase of the maximum consideration from US$50 million to US$100 million announced on 24 December 2018).

Date of purchase:	20 May 2019
Number of ordinary shares purchased:	99,380
Time of transaction:	08:40 to 16:30
Highest price per share:	153.3000
Lowest price per share:	149.4000
Weighted average price per share:	151.2064

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 68,347,543 of its ordinary shares in treasury and will have 1,541,794,770 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 717,000 ordinary shares on 20 May 2019 in connection with the satisfaction of share awards under the Company's share incentive plans).

Since the commencement of the share repurchase programme, the Company has repurchased 40,484,759 ordinary shares in aggregate at a weighted average price of 140.7650 pence per share.

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]

 

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