Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc, a leading technology-led Facilities Transformation company in the UK, has announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought through Peel Hunt LLP at prices ranging from 118 to 118.6 GBp per share, with the intention of holding these shares in treasury. This move comes as Mitie continues to focus on growth and enhancing shareholder returns, building on a successful previous three-year plan that delivered an 80% Total Shareholder Return.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
