Man Group Advances Share Buyback Initiative

Man Group plc (GB:EMG) has released an update.

Man Group plc has actively pursued its share buyback programme by purchasing 130,000 of its own ordinary shares, as part of a US$50 million initiative announced earlier in March. The shares were bought on the London Stock Exchange with prices ranging from 242.4000 to 249.0000 US cents, resulting in a weighted average price of 245.4406 US cents per share. These shares will be held in treasury, contributing to a total of 77,587,078 treasury shares, with the company’s issued share count standing at 1,196,362,382 excluding those held in treasury.

For further insights into GB:EMG stock, check out TipRanks’ Stock Analysis page.

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