Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has continued its Share Buyback Programme by purchasing 500,000 of its own ordinary shares, with prices ranging from 115 to 116.4 GBp per share. The company plans to cancel the acquired shares, which will subsequently reduce the number of shares in issue and potentially increase the value for existing shareholders. This move reaffirms Mitie’s strategy to enhance shareholder returns as part of its broader corporate plan.
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