Man Group plc Transaction in Own Shares (6077Z)

TIDMEMG

RNS Number : 6077Z

Man Group plc

20 May 2019

Transactions in own shares

Man Group plc (the "Company") announces that it has purchased the following number of its ordinary shares of 3 3/7 US cents on the London Stock Exchange through J.P. Morgan Securities plc as part of its US$100 million share repurchase programme (originally announced on 22 October 2018, with the increase of the maximum consideration from US$50 million to US$100 million announced on 24 December 2018).

 
 Date of purchase:             20 May 2019 
 Number of ordinary shares 
  purchased:                   99,380 
 Time of transaction:          08:40 to 16:30 
 Highest price per share:      153.3000 
 Lowest price per share:       149.4000 
 Weighted average price per 
  share:                       151.2064

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 68,347,543 of its ordinary shares in treasury and will have 1,541,794,770 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 717,000 ordinary shares on 20 May 2019 in connection with the satisfaction of share awards under the Company's share incentive plans).

Since the commencement of the share repurchase programme, the Company has repurchased 40,484,759 ordinary shares in aggregate at a weighted average price of 140.7650 pence per share.

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

Enquiries

Fiona Smart

Head of Investor Relations

+44 20 7144 2030

fiona.smart@man.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

POSPGUUAAUPBGAU

(END) Dow Jones Newswires

May 20, 2019 13:06 ET (17:06 GMT)

Man (LSE:EMG)
Historical Stock Chart
From Apr 2024 to May 2024