What happens to stocks if AI loses momentum?
LONDON - Man Group (LON:EMG) plc has confirmed the final dividend for the year ending December 31, 2024, at 8.69 pence per ordinary share, following its previous announcement on February 27, 2025. The dividend amount in pence sterling was calculated based on the average market exchange rates over the three working days starting from May 6, 2025, which established an exchange rate of £1 to US$1.3351.
Shareholders on the company’s register at the close of business on April 11, 2025, will be eligible for the dividend payout scheduled for May 21, 2025. This marks the culmination of the company’s financial rewards to its shareholders for the past year’s performance.
The information, which is based on a press release statement, ensures that shareholders are aware of the exact value of the dividend in their local currency, providing transparency and clarity on the returns they can expect. It is a standard practice for international companies like Man Group to declare dividends in one currency and convert them to local currencies where their shareholders reside.
Investors and shareholders of Man Group can direct their enquiries to the company’s communication and investor relations officers. The company has provided contact details for Georgiana Brunner, Head of Communications, Karan Shirgaokar, Head of Investor Relations, and Juliet Dearlove, Company Secretary, for further information.
This financial announcement is an essential piece of information for investors, as it directly affects their investment returns from holding shares in Man Group. The dividend declaration is a key indicator of the company’s profitability and financial health, and it often influences investor sentiment and the company’s stock market performance.
The London Stock Exchange (LON:LSEG)’s news service RNS, which is approved by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280), disseminated the details of the dividend payment. Terms and conditions regarding the use and distribution of this information may apply.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.