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LONDON - Man Group plc (LSE:EMG) has set the sterling conversion rate for its previously announced interim dividend at 4.23 pence per ordinary share, according to a press release issued Friday.
The investment management firm had announced on July 30 an interim dividend of 5.7 US cents per ordinary share for the year ending December 31, 2025, with the corresponding sterling amount to be determined later.
The conversion rate was calculated based on the average market exchange rates over three working days starting August 26, resulting in an exchange rate of £1:US$1.3485.
The interim dividend will be paid on September 19 to shareholders on the register as of the close of business on August 8.
Man Group is a global active investment management firm listed on the London Stock Exchange.
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