Insider Selling: Man Group Plc (EMG) Insider Sells 97,095 Shares of Stock
Man Group Plc (LON:EMG) insider Jonathan Sorrell sold 97,095 shares of the firm’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of GBX 175 ($2.42), for a total transaction of £169,916.25 ($234,755.80).
Shares of Man Group Plc (LON EMG) traded down GBX 1.20 ($0.02) on Wednesday, hitting GBX 170 ($2.35). 4,512,076 shares of the stock were exchanged, compared to its average volume of 9,870,000. Man Group Plc has a 52-week low of GBX 140.49 ($1.94) and a 52-week high of GBX 219.20 ($3.03).
The business also recently announced a dividend, which will be paid on Friday, May 18th. Stockholders of record on Thursday, April 26th will be paid a dividend of GBX 4.18 ($0.06) per share. This is a positive change from Man Group’s previous dividend of $3.79. The ex-dividend date of this dividend is Thursday, April 26th. This represents a dividend yield of 2.55%.
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Man Group Company Profile
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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