News: Man Group PLC (EMG.L)

EMG.L on London Stock Exchange

97.50GBp
5:22am EDT
Price Change (% chg)

-3.10p (-3.08%)
Prev Close
100.60p
Open
99.85p
Day's High
100.30p
Day's Low
97.50p
Volume
1,768,774
Avg. Vol
9,841,729
52-wk High
136.00p
52-wk Low
76.35p

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Thu, Feb 27 2014

Man Group shares soar on earnings, dividend hike, share buyback

LONDON - Hedge fund firm Man Group announced a share buyback and bumped up its dividend on Thursday, sending its stock price soaring, after it drew more new investment in the last quarter of 2013 that help it beat full-year profit forecasts.

UPDATE 2-Man Group shares soar on earnings, dividend hike, share buyback

* Q4 net inflows match Q3; pretax a beat on cost-cuts, fees

MOVES-Credit Suisse, Man Group, BNY Mellon, Westpac Institutional

Nov 21 - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com.

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