Man Group plc Transaction in Own Shares (2953U)
January 16 2017 - 12:53PM
UK Regulatory
TIDMEMG
RNS Number : 2953U
Man Group plc
16 January 2017
Transaction in own shares
Man Group plc (the "Company") announces that on 16 January 2017
it purchased for cancellation 514,037 of its ordinary shares with a
weighted average price of 125.8191 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 126.5 pence and the lowest price paid per share was 125.1
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: 514,037
Date of transaction: 16 January 2017
Time of transaction: 08:05 - 16:35
Price: 125.8191p
Broker: Merrill Lynch International
Since the commencement of the share repurchase programme, the
Company has repurchased 28,792,535 ordinary shares in aggregate at
a weighted average price of 120.4490 pence per share.
Following the cancellation of these shares, the remaining number
of ordinary shares in issue will be 1,680,253,434.
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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