Man Group plc (GB:EMG) has released an update.
Man Group plc has actively continued its share buyback program, purchasing 120,000 of its ordinary shares on July 26, 2024, and intends to hold these in treasury. The buyback is part of a US$50 million initiative announced earlier in March, with the company having repurchased over 12 million shares to date at an average price of 255.5749 pence each. This latest transaction occurred at prices ranging from 254 to 259.6 pence per share, reflecting the company’s ongoing effort to return value to shareholders.
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