Man Group plc (GB:EMG) has released an update.
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Man Group plc has announced the purchase of 140,000 of its own shares as part of a US$50 million share buyback program, with transactions taking place on the London Stock Exchange at prices ranging between 224.4000 and 227.6000. These shares will be held in treasury, reducing the number of shares in circulation and potentially increasing the value of remaining shares. The company provides weekly updates on the buyback program on its website.
For further insights into GB:EMG stock, check out TipRanks’ Stock Analysis page.
