Man Group plc (GB:EMG) has released an update.
Man Group plc has actively purchased 130,000 of its own shares as part of a previously announced US$50 million share buyback program, aiming to bolster shareholder value. These shares will be held in treasury, and the transaction falls within a broader initiative that has seen the company repurchase over 4 million shares at an average price of 259.46 pence each. The company maintains transparency by providing weekly updates on the buyback program on its website.
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