Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has recently executed a share buyback, purchasing 500,000 ordinary shares at prices ranging from 120.0000 to 123.6000 GBp per share, with the intention to cancel these shares. This move is part of a share buyback program announced on July 24, 2024, and upon completion, Mitie’s total issued share count will reduce, excluding shares held in treasury. The company, a leader in the UK’s facilities transformation sector, aims to extend its market leadership and deliver enhanced shareholder returns through its new three-year plan.
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