Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc, a UK-based facilities transformation company, has reported the purchase of 650,000 of its own ordinary shares at a volume weighted average price of 118.0415 GBp per share. These transactions are part of the company’s Share Buyback Programme announced previously, with the intent to cancel the acquired shares, thereby adjusting the total number of voting rights. The move is part of Mitie’s ongoing strategy to deliver enhanced shareholder returns and extend its market leadership.
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