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Mitie Group Advances Share Buyback Strategy
Company Announcements

Mitie Group Advances Share Buyback Strategy

Mitie Group plc (GB:MTO) has released an update.

Mitie Group plc has recently repurchased 125,000 of its ordinary shares as a part of its Share Buyback Programme, with the per-share price ranging from 116.2000 to 116.6000 GBp. The acquired shares are to be held in treasury, and after the transaction, Mitie’s total in-issue share count stands at 1,328,508,032, not including the treasury shares. This move aligns with Mitie’s ongoing strategy to enhance shareholder value and fortify its market leadership as outlined in its Facilities Transformation Three-Year Plan.

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

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