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  5. IN BRIEF: Man Group unveils USD50.0 million share buyback programme

Pin to quick picksMan Share News (EMG)

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Share Price: 243.20
Bid: 243.20
Ask: 243.60
Change: 0.00 (0.00%)
Spread: 0.40 (0.164%)
Open: 245.20
High: 245.60
Low: 242.40
Prev. Close: 243.20
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IN BRIEF: Man Group unveils USD50.0 million share buyback programme

Tue, 05th Mar 2024 11:02

Man Group PLC - London-based investment management firm, which specialises in real estate equity and private credit - Announces share buyback programme of up to USD50.0 million. Says this will begin immediately and end on March 2, 2025. Says the programme is in line with its policy to distribute capital to shareholders "while maintaining a prudent balance sheet after taking into account required capital and potential strategic opportunities". Appoints Barclays Bank PLC to conduct the programme on its behalf.

Current stock price: 244.20 pence, up 1.0%

12-month change: down 15%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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