Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has announced the purchase of 300,000 of its own ordinary shares as part of its Share Buyback Programme, with prices ranging from 117.6000 to 118.6000 GBp per share. The transaction, executed through Stifel, will result in the cancellation of the acquired shares, subsequently reducing the total number of voting rights in the company. This move is part of Mitie’s ongoing strategy to deliver enhanced shareholder value and maintain its market leadership in the facilities transformation sector.
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