Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has executed a share buyback, purchasing 500,000 of its own shares, priced between 108.6 and 109.4 pence each, as part of a strategy to enhance shareholder value. These shares will be canceled, adjusting Mitie’s total shares in issue to approximately 1.27 billion. This move underscores Mitie’s commitment to delivering robust shareholder returns while maintaining its market leadership in the UK facilities management sector.
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