Mitie Group Advances Share Buyback Plan
Company Announcements

Mitie Group Advances Share Buyback Plan

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, at prices ranging from 116.8 to 117.6 GBp per share, with the intention of canceling them. This action follows the company’s plan disclosed on 24 July 2024 and, post-settlement and cancellation, will leave Mitie with 1,292,393,474 shares in issue. The move aligns with Mitie’s strategic plan to enhance shareholder returns and consolidate its market leadership.

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

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