The latest announcement is out from Man Group plc ( (GB:EMG) ).
Man Group plc has announced the purchase of 511,852 of its ordinary shares as part of its ongoing US$100 million share buyback program. This transaction, executed on March 20, 2025, is part of the company’s strategy to manage its capital structure and return value to shareholders. The shares were bought at prices ranging from GBp 206.00 to GBp 212.20, with a weighted average price of GBp 208.19. The company plans to hold these shares in treasury, which will bring its total treasury shares to 88,067,607, while the total shares in issue will be 1,185,881,853. This move is expected to enhance shareholder value and reflects the company’s confidence in its financial position.
More about Man Group plc
YTD Price Performance: -1.21%
Average Trading Volume: 3,441,259
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.42B
See more data about EMG stock on TipRanks’ Stock Analysis page.