Man Group plc (GB:EMG) has released an update.
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Man Group plc has executed a portion of its US$50 million share buyback program, purchasing 140,000 ordinary shares at prices ranging from 217.2000 to 223.0000, with a weighted average of 219.5297 per share. These shares will be held in treasury, and this action is part of a larger strategy where the company has bought back 15,694,350 shares at an average price of 248.8198 pence since the program’s inception. Details of the transactions are available on the company’s website.
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