Man Group plc ( (GB:EMG) ) has issued an update.
Man Group plc has executed a share buyback transaction, purchasing 232,595 of its ordinary shares as part of a $100 million buyback program announced earlier in the year. The shares were bought at prices ranging from 185.80 to 193.50 pence and will be held in treasury. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially enhancing shareholder value and market perception.
More about Man Group plc
Man Group plc is a global investment management firm that offers a range of funds and investment strategies. The company is known for its focus on alternative investments and quantitative strategies, serving a diverse clientele including institutional investors and private clients.
YTD Price Performance: -8.77%
Average Trading Volume: 3,710,404
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.24B
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