Mitie Advances Share Buyback, Strengthens Market Position
Company Announcements

Mitie Advances Share Buyback, Strengthens Market Position

Mitie Group plc (GB:MTO) has released an update.

Mitie Group plc, a leading UK facilities transformation company, has purchased 500,000 of its own shares as part of its Share Buyback Programme, at prices ranging between 117.6 and 118.6 GBp per share. The repurchased shares will be held in treasury, with the total number of voting rights in Mitie now standing at 1,326,673,110 ordinary shares. The company highlights its successful three-year plan, which resulted in an 80% Total Shareholder Return, and reiterates its commitment to industry-leading ESG standards and a Net Zero target by 2025.

For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.

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