Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has executed a share buyback, purchasing 500,000 ordinary shares at a volume weighted average price of 109.1132 GBp, with plans to cancel these shares to enhance shareholder value. The move supports Mitie’s ambition to maintain its market leadership through accelerated growth and improved shareholder returns, as outlined in their new Facilities Transformation Three-Year Plan.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
