Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has repurchased 620,000 of its ordinary shares as part of a share buyback program, with plans to cancel these shares to enhance shareholder value. The company’s strategic moves are a part of its ongoing effort to strengthen its market leadership and improve shareholder returns. Mitie continues to innovate in the facilities management sector, boasting strong ESG credentials and a commitment to achieving Net Zero by 2025.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.