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Man Group plc purchased 120,000 of its ordinary shares on the London Stock Exchange on 15 March 2024, as part of its US$50 million share buyback programme announced on 05 March 2024. These shares were acquired at a weighted average price of 254.2263, with prices ranging from 252.5000 to 256.9000. The company intends to hold the purchased shares in treasury, resulting in 109,865,545 ordinary shares in treasury and 1,203,484,414 ordinary shares in issue.
| Date | 15 Mar 2024 |
| Time | 18:01:00 |
| Category | Capital structure |
| ID | 1278H |
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 as part of its US$50 million share buyback programme announced on 05 March 2024.
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Date of purchase: |
15 March 2024 |
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Number of ordinary shares purchased: |
120,000 |
|
Time of transaction: |
8:00 to 16:30 |
|
Highest price per share: |
256.9000 |
|
Lowest price per share: |
252.5000 |
|
Weighted average price per share: |
254.2263 |
The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 109,865,545 of its ordinary shares in treasury and will have 1,203,484,414 ordinary shares in issue (excluding treasury shares).
Since the commencement of the share repurchase programme, the Company has repurchased 1,140,000 ordinary shares in aggregate at a weighted average price of 250.4891 pence per share.
All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.
The table below contains detailed information about the purchases made as part of the buyback programme.
Shares purchased: 120,000 (ISIN: JE00BJ1DLW90)
Date of purchases: 15 March 2024
Investment firm: Barclays Capital Securities Limited
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Venue |
Lowest price per share |
Highest price per share |
|
London Stock Exchange |
252.5000 |
256.9000 |
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Enquiries |
|
Karan Shirgaokar |
|
Head of Investor Relations |
|
+44 (0)20 7144 1434 |
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