Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has acquired 300,000 of its own shares through a buyback program, with the highest price paid per share at 122 GBp. The company plans to cancel these shares, reducing its number of voting rights. This move is part of Mitie’s strategy to enhance shareholder value while maintaining its strong market position.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
