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Transaction in Own Shares

RNS

RNS Number : 9559T
Man Group plc
11 January 2017
 

Transaction in own shares

Man Group plc (the "Company") announces that on 11 January 2017 it purchased for cancellation 298,888 of its ordinary shares with a weighted average price of 122.1722 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 123.4 pence and the lowest price paid per share was 120.4 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: 298,888

Date of transaction: 11 January 2017

Time of transaction: 08:00 - 16:30

Price: 122.1722p

Broker: Merrill Lynch International

 

Since the commencement of the share repurchase programme, the Company has repurchased 26,792,908 ordinary shares in aggregate at a weighted average price of 120.0716 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,682,253,061.

 

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
+44 20 7144 3508
andrea.waters@man.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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