Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has announced the repurchase of 650,000 of its ordinary shares as part of its ongoing Share Buyback Programme. This move is aimed at enhancing shareholder value by reducing the total number of shares, thereby increasing the earning potential of remaining shares. The company’s strategic actions continue to bolster its market leadership and drive growth in the UK facilities management sector.
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