Source - RNS
RNS Number : 7853H
Man Group plc
26 March 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 26 March 2020 it purchased 80,042 of its ordinary shares with a weighted average price of 119.4785 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 120.30 pence and the lowest price paid per share was 117.70 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: 80,042

 

Date of transaction: 26/03/2020

 

Time of transaction: 8:00 to 10:30

 

Price: 119.4785p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 33,654,579 ordinary shares in aggregate at a weighted average price of 133.73132 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 35,891,262 of its ordinary shares in treasury and will have 1,505,903,508 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

 

Alex Dee

Head of Investor Relations

+44 20 7144 1370

[email protected]


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