Transaction in Own Shares

RNS Number : 4250M

Man Group plc

07 January 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:	7 January 2019
Number of ordinary shares purchased:	298,342
Time of transaction:	08:00 to 16:30
Highest price per share:	141.9500
Lowest price per share:	139.6500
Weighted average price per share:	141.0229

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 55,738,093 of its ordinary shares in treasury and will have 1,554,404,220 ordinary shares in issue (excluding treasury shares).

Since the commencement of the share repurchase programme, the Company has repurchased 22,201,323 ordinary shares in aggregate at a weighted average price of 140.5179 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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