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Man Group plc ( (GB:EMG) ) has shared an update.
Man Group plc has announced the purchase of 490,852 ordinary shares as part of its ongoing $100 million share buyback program. The shares were bought at a weighted average price of 207.27 pence and will be held in treasury, bringing the total number of treasury shares to 88,558,459. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Man Group plc
YTD Price Performance: -3.08%
Average Trading Volume: 3,518,806
Technical Sentiment Signal: Hold
Current Market Cap: £2.39B
Learn more about EMG stock on TipRanks’ Stock Analysis page.