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An update from Mitie Group plc ( (GB:MTO) ) is now available.
Mitie Group plc has repurchased 300,000 of its 2.5p ordinary shares on 19 January 2026 via Peel Hunt LLP as part of its ongoing share buyback programme launched in October 2025, paying a volume-weighted average price of 168.02 pence per share, with the shares to be cancelled. Following settlement and cancellation, Mitie will have 1,320,425,112 ordinary shares in issue, excluding shares held in treasury, effectively reducing the company’s share capital and adjusting its total voting rights, a move that typically supports earnings per share and signals continued confidence in the group’s financial position and capital allocation strategy.
The most recent analyst rating on (GB:MTO) stock is a Buy with a £182.00 price target. To see the full list of analyst forecasts on Mitie Group plc stock, see the GB:MTO Stock Forecast page.
Spark’s Take on GB:MTO Stock
According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.
Mitie Group plc’s overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting robust revenue growth and strategic initiatives. The technical analysis and valuation suggest some caution due to potential overvaluation and overbought conditions. The company’s proactive corporate events, including share buybacks and acquisitions, further support its market position and shareholder value.
To see Spark’s full report on GB:MTO stock, click here.
More about Mitie Group plc
Mitie Group plc is a leading UK technology-led facilities management, transformation and compliance company, founded in 1987 and employing around 84,000 people. It provides engineering (hard services), security and hygiene (soft services), and transformational projects spanning power and grid connections, building modernisation, decarbonisation, fire safety, telecoms infrastructure and environmental compliance, serving over 3,000 public and private sector clients across industries including central government, critical national infrastructure, defence, financial services, healthcare, education, retail, logistics, manufacturing, media, transport and aviation. The group holds market leadership positions in its core services and is recognised for strong ESG credentials and employment practices, including validated net-zero targets and multiple sustainability and employer-of-choice awards.
Average Trading Volume: 4,098,705
Technical Sentiment Signal: Buy
Current Market Cap: £2.16B
For detailed information about MTO stock, go to TipRanks’ Stock Analysis page.