Transaction in Own Shares

RNS Number : 0170V

Man Group plc

24 January 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 24 January 2017 it purchased for cancellation 415,788 of its ordinary shares with a weighted average price of 125.9430 pence per ordinary share pursuant to its $100 million share repurchase programme, details of which were announced on 14 October 2016. The highest price paid per share was 127.2 pence and the lowest price paid per share was 124.8 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: 415,788

Date of transaction: 24 January 2017

Time of transaction: 08:05 - 16:30

Price: 125.9430p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 31,644,188 ordinary shares in aggregate at a weighted average price of 120.8575 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,677,401,781.

The Company does not hold any shares in treasury.

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

Enquiries:

Andrea Waters
Head of Investor Relations
[phone]
[e-mail]

 

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