Source - Alliance News

Man Group PLC - London-based investment manager in public and private markets - Launches share buyback programme worth up to $100.0 million. The buyback will be run by investment bank Goldman Sachs International. It will start on Monday and be completed within 12 months. Man Group completed a $50 million share buyback in 2024 and $125 million in 2023. In its annual results announcement on Thursday, the company noted it has bought back $900 million in shares over the past five years, adding to the same amount of money returned to shareholder via cash dividends.

Current stock price: 216.00 pence, up 1.0% in London on Friday

12-month change: down 10%

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