Man Group Advances Share Buyback Initiative

Man Group plc (GB:EMG) has released an update.

Man Group plc has actively pursued its share buyback program, purchasing 94,000 of its own shares on September 3, 2024, at prices ranging between 215.8000 and 219.4000 per share, with the plan to hold these shares in treasury. To date, the firm has bought back over 15 million shares at an average price of 248.6306 pence each, as part of its US$50 million repurchase scheme. These actions reflect the company’s ongoing efforts to manage its capital and share value effectively.

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