Transaction in Own Shares

RNS Number : 7978S
Man Group plc
13 March 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:

13 March 2019

 

Number of ordinary shares purchased:

182,395

 

Time of transaction:

08:00 to 16:25

 

Highest price per share:

139.7000

 

Lowest price per share:

135.5500

 

Weighted average price per share:

138.3515

 

 

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 64,150,251 of its ordinary shares in treasury and will have 1,545,992,062 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 2,261,098 ordinary shares on 13 March 2019 pursuant to the vesting of awards under various partner share plans).

 

Since the commencement of the share repurchase programme, the Company has repurchased 32,874,579 ordinary shares in aggregate at a weighted average price of 140.4759 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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