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Mitie Group Advances Share Buyback Initiative
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Mitie Group Advances Share Buyback Initiative

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

Mitie Group plc, a leading UK facilities transformation company, has announced the purchase of 500,000 of its own shares at a uniform price of 118 GBp per share as part of its Share Buyback Programme. These shares are to be held in treasury, and after the transaction, Mitie’s total in-issue share count stands at 1,328,170,472, excluding treasury-held shares. Mitie continues to demonstrate strong market leadership and commitment to shareholder returns, underscored by a robust Total Shareholder Return of 80% in the previous three-year plan.

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

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