Transaction in Own Shares

RNS Number : 4736D
Man Group plc
09 October 2018
 

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 announced on 12 April 2018.

 

Date of purchase:

9 October 2018

 

Number of ordinary shares purchased:

628,580

 

Time of transaction:

08:00 to 16:30

 

Highest price per share:

164.5000

 

Lowest price per share:

161.2000

 

Weighted average price per share:

162.4461

 

 

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 29,175,735 of its ordinary shares in treasury and will have 1,580,966,578 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 43,612 ordinary shares on 9 October 2018 in order to satisfy the exercise of options under the Company's Sharesave Scheme).

 

Since the commencement of the share repurchase programme, the Company has repurchased 39,173,640 ordinary shares in aggregate at a weighted average price of 177.1896 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


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Companies

Man Group (EMG)
UK 100

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