Mitie Group Enhances Shareholder Value with Buyback

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

Mitie Group has announced the repurchase of 195,000 of its own shares as part of its ongoing Share Buyback Programme, aiming to enhance shareholder value. The shares were bought at an average price of 117.3615 GBp and will be cancelled, reducing the total number of shares in circulation. This move aligns with Mitie’s strategic focus on strengthening its market position and delivering enhanced returns.

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