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The move follows a $100m share buyback programme Man Group initiated in August 2021, which saw about 130,000,000 shares targeted for repurchase.
Man Group is set to engage in a share buyback programme of up to $250m, with the first tranche of up to $125m to begin today (8 December).
The firm confirmed today that it will repurchase up to 96,009,523 shares in a bid to reduce the share capital of the firm and enable it to meet obligations arising from employee share option programmes....
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