Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has repurchased 640,978 of its ordinary shares at an average price of 110.3245 GBp as part of its ongoing Share Buyback Programme. This move is aimed at enhancing shareholder value by reducing the number of shares in circulation. The company plans to cancel these shares, which will adjust the total voting rights in Mitie.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
