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RNS Number : 1260J
Man Group plc
07 April 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 7 April 2020 it purchased 757,547 of its ordinary shares with a weighted average price of 125.4157 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 128.25 pence and the lowest price paid per share was 122.30 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: 757,547

 

Date of transaction: 07/04/2020

               

Time of transaction: 8:00 to 16:40

 

Price: 125.4157p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 40,624,479 ordinary shares in aggregate at a weighted average price of 131.78911 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 42,861,162 of its ordinary shares in treasury and will have 1,498,933,608 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

Alex.Dee@man.com


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