Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc announced the repurchase of 650,000 of its ordinary shares as part of its Share Buyback Programme, aiming to enhance shareholder value by canceling these shares. The transaction, executed through Stifel Nicolaus Europe Limited, saw prices ranging from 106.4p to 108.4p per share. This move is part of Mitie’s strategic initiatives to bolster its market leadership and deliver improved shareholder returns.
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