Man Group plc Transaction in Own Shares (8505X)
25 February 2017 - 4:25AM
UK Regulatory
TIDMEMG
RNS Number : 8505X
Man Group plc
24 February 2017
Transaction in own shares
Man Group plc (the "Company") announces that on 24 February 2017
it purchased for cancellation 250,090 of its ordinary shares with a
weighted average price of 145.4197 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 147.5 pence and the lowest price paid per share was 144.3
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: 250,090
Date of transaction: 24 February 2017
Time of transaction: 08:25 - 16:35
Price: 145.4197p
Broker: Merrill Lynch International
Since the commencement of the share repurchase programme, the
Company has repurchased 38,369,763 ordinary shares in aggregate at
a weighted average price of 123.8648 pence per share.
Following the cancellation of these shares, the remaining number
of ordinary shares in issue will be 1,670,690,800.
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
END
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