Man Group plc ( (GB:EMG) ) has shared an announcement.
Man Group plc has announced the repurchase of 494,099 of its ordinary shares as part of its ongoing $100 million share buyback program. The shares were purchased at a weighted average price of 208.54 pence per share and will be held in treasury. This move is part of the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value. The buyback program, which began on February 28, 2025, has so far seen the repurchase of over 8 million shares, reflecting the company’s commitment to returning capital to shareholders.
More about Man Group plc
Man Group plc is a global investment management firm that specializes in offering a range of funds and investment services. The company operates in the financial industry and focuses on providing investment solutions to a diverse client base, including institutional and private investors.
YTD Price Performance: -3.08%
Average Trading Volume: 3,498,640
Technical Sentiment Signal: Hold
Current Market Cap: £2.39B
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