Mitie Group Enhances Shareholder Value with Buyback

Mitie Group plc (GB:MTO) has released an update.

Mitie Group plc has announced the repurchase of 650,000 shares as part of its Share Buyback Programme, with plans to cancel them, ultimately reducing the total number of shares in circulation. This move is part of Mitie’s strategy to enhance shareholder value, following a successful three-year plan that delivered an 80% total shareholder return. As a market leader in facilities transformation, Mitie continues to focus on growth and sustainability, holding top industry credentials and awards.

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