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Man Group plc Executes Share Buyback to Enhance Capital Management

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Man Group plc ( (GB:EMG) ) has shared an announcement.

Man Group plc announced the purchase of 414,106 ordinary shares as part of its $100 million share buyback program. The shares were acquired at a weighted average price of 208.65 pence and will be held in treasury, bringing the total number of treasury shares to 86,800,177. 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: -2.33%

Average Trading Volume: 3,544,279

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £2.41B

See more data about EMG stock on TipRanks’ Stock Analysis page.

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