Transaction in Own Shares

RNS Number : 8942V
Man Group plc
05 December 2019
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 05 December 2019 it purchased 291,259 of its ordinary shares with a weighted average price of 149.6871 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 14 October 2019.  The highest price paid per share was 150.1 pence and the lowest price paid per share was 148.65 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: 291,259

 

Date of transaction: 05/12/2019

 

Time of transaction: 09.00 to 16.40

 

Price: 149.6871p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 13,386,549 ordinary shares in aggregate at a weighted average price of 148.69416 pence per share.

 

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 24,257,464 of its ordinary shares in treasury and will have 1,517,537,306 ordinary shares in issue (excluding treasury shares).

 

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
 
 
POSUGGRWPUPBGMA

Companies

Man Group (EMG)
UK 100

Latest directors dealings