Man Group plc (GB:EMG) has released an update.
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Man Group plc has announced the acquisition of 140,000 of its own shares as part of a US$50 million share buyback program, with shares bought at prices ranging from 221.8000 to 224.6000 US cents. The purchased shares will be held in treasury, and following this transaction, the total number of treasury shares will stand at 84,419,579. The company has been actively repurchasing shares since March 2024, with a total of 15,279,372 shares bought back at an average price of 249.5356 pence each.
For further insights into GB:EMG stock, check out TipRanks’ Stock Analysis page.