Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc, a leading UK facilities transformation company, has announced the purchase and subsequent cancellation of 300,000 of its ordinary shares at prices ranging between 121 and 122 GBp per share, as part of its ongoing Share Buyback Programme. This buyback will reduce the number of ordinary shares in issue, excluding treasury shares, to 1,317,038,561, directly impacting the company’s total number of voting rights. Mitie has been performing strongly, with a notable Total Shareholder Return of 80% over the past three years.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
