Transaction in Own Shares

RNS Number : 6720M
Man Group plc
09 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:

9 January 2019

 

Number of ordinary shares purchased:

531,700

 

Time of transaction:

08:00 to 16:30

 

Highest price per share:

140.8500

 

Lowest price per share:

135.4000

 

Weighted average price per share:

138.3102

 

 

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 56,491,524 of its ordinary shares in treasury and will have 1,553,650,789 ordinary shares in issue (excluding treasury shares).

 

Since the commencement of the share repurchase programme, the Company has repurchased 22,954,754 ordinary shares in aggregate at a weighted average price of 140.4816 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

 

+44 20 7144 2030

 

fiona.smart@man.com


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSUGUPCGUPBGQB

Companies

Man Group (EMG)
UK 100

Latest directors dealings