Mitie Group Advances Share Buyback, Cancels Shares
Company Announcements

Mitie Group Advances Share Buyback, Cancels Shares

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

Mitie Group plc has reported the purchase of 300,000 of its own ordinary shares at prices ranging between 118.0000 and 118.6000 GBp per share, as part of its Share Buyback Programme announced in July 2024. The shares will be canceled post-settlement, resulting in Mitie having 1,292,993,474 ordinary shares in issue, excluding treasury-held shares. This transaction aligns with Mitie’s ongoing strategy to enhance shareholder value and fortify its market leadership position.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskMitie Group Advances Share Buyback Plan
TipRanks UK Auto-Generated NewsdeskMitie Group Advances Share Buyback Initiative
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App