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Man Group plc - Transaction in Own Shares

RNS Number : 1862M
Man Group plc
06 May 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 06 May 2020 it purchased 497,076 of its ordinary shares with a weighted average price of 132.2846 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 133.75 pence and the lowest price paid per share was 131.35 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: 497,076

 

Date of transaction: 06/05/2020

               

Time of transaction: 08:05 to 16:40

 

Price: 132.2846p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 55,683,189 ordinary shares in aggregate at a weighted average price of 130.59212 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 57,869,872 of its ordinary shares in treasury and will have 1,483,924,898 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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Market: LSE
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