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

Man Group PLC - London-based investment management firm, which specialises in real estate equity ...

Alliance News 5 March, 2024 | 11:02AM
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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

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Man Group PLC 244.80 GBX -1.13 -

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