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IN BRIEF: Man Group unveils $50.0 million share buyback programme

ALN

Man Group PLC - London-based investment management firm, which specialises in real estate equity and private credit - Announces share buyback programme of up to $50.0 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%

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