Transaction in Own Shares

RNS Number : 6166Q

Man Group plc

21 October 2019

 

Transaction in own shares

Man Group plc (the "Company") announces that on 21 October 2019 it purchased 361,305 of its ordinary shares with a weighted average price of 152.524 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 154.95 pence and the lowest price paid per share was 151.5 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: 361,305

Date of transaction: 21/10/2019

Time of transaction: 08.05 to 16.40

Price: 152.524

Broker: Credit Suisse Securities (Europe) Limited

Since the commencement of the share repurchase programme, the Company has repurchased 3,419,470 ordinary shares in aggregate at a weighted average price of 153.29488 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 14,442,051 of its ordinary shares in treasury and will have 1,527,352,719 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

[phone]

[e-mail]

 

END

 

 

POSPGGPPUUPBGQG