Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has repurchased 650,000 of its own shares as part of its ongoing Share Buyback Programme, paying an average price of 110.7982 GBp per share. The company plans to cancel these shares, impacting its total voting rights. This move aligns with Mitie’s strategy to enhance shareholder value and maintain its market leadership in the facilities transformation sector.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
