Man Group plc ( (GB:EMG) ) just unveiled an announcement.
Man Group plc has announced a share buyback programme of up to $100 million, appointing Goldman Sachs International to conduct the process. This initiative aligns with the company’s strategy to distribute capital to shareholders while maintaining a prudent balance sheet, and aims to reduce share capital and meet obligations related to employee share option programmes.
More about Man Group plc
Man Group plc operates in the financial services industry, focusing on investment management. The company provides a range of investment products and services, catering to a diverse clientele including institutional and private investors.
YTD Price Performance: -0.28%
Average Trading Volume: 2,523,309
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.47B
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