Man Group has launched a share buyback programme of up to $50m today (5 March), according to a stock exchange notice.
The purpose of the programme is to reduce share capital and enable the firm to meet obligations from the allocation of shares to employees, it explained. London Stock Exchange Group eyes £1bn buybacks in 2024 Man Group said the programme is in line with its policy to distribute capital while maintaining a "prudent" balance sheet following consideration of required capital and potential "strategic" opportunities. From today until 3 March 2025, the share buyback programme will run independently through Barclays Bank. Bluefield Solar launches £20m buyback scheme due to 'weak' share...
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