Man Group plc (GB:EMG) has released an update.
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Man Group plc has announced the acquisition of 130,000 of its own shares as part of a US$50 million share buyback program, with transactions ranging between 238.2000 and 246.4000 per share. These shares will be held in treasury, with the total held after purchase reaching 81,588,521. Overall, since the buyback program began, the company has repurchased over 12 million shares at an average price of 255.3950 pence each.
For further insights into GB:EMG stock, check out TipRanks’ Stock Analysis page.