Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has bought back 250,037 of its ordinary shares at a consistent price of 117.4 GBp per share as part of its ongoing Share Buyback Programme. This transaction aims to enhance shareholder value by reducing the number of shares in circulation, aligning with Mitie’s strategy of delivering strong returns for investors. The company, a leader in facilities transformation, is also recognized for its commitment to sustainability and has ambitious growth plans through 2027.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
