Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc, a leading facilities transformation company in the UK, has announced the purchase of 500,000 of its own shares as part of its Share Buyback Programme, with the intention of canceling them. The shares were acquired through Peel Hunt LLP at prices ranging from 122 to 124 GBp per share, with a volume-weighted average price of 123.2 GBp. Following the transaction, Mitie’s total number of ordinary shares in issue will be reduced, thereby representing the total voting rights in the company.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
