Man Group plc ( (GB:EMG) ) just unveiled an update.
Man Group plc has announced the purchase of 385,149 of its own ordinary shares as part of a $100 million share buyback program initiated in February 2025. The shares were bought at a weighted average price of 206.99 pence per share and will be held in treasury. This move is part of the company’s broader strategy to manage its capital structure and return value to shareholders, potentially impacting its stock liquidity and market perception.
More about Man Group plc
Man Group plc is a global investment management firm that focuses on providing a range of investment strategies and products, including hedge funds and alternative investments. The company operates in the financial services industry and is known for its expertise in quantitative investing and risk management.
YTD Price Performance: -3.36%
Average Trading Volume: 3,146,424
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.39B
See more data about EMG stock on TipRanks’ Stock Analysis page.