Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has repurchased 50,000 of its own shares at a consistent price of 117.5 GBp each as part of its ongoing share buyback program. This move is set to streamline their share count, boosting shareholder value by potentially increasing earnings per share. With a strong market position and ambitious plans for growth and sustainability, Mitie continues to be a significant player in the UK facilities management sector.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
