Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc, a leading UK facilities transformation company, has executed a share buyback program, purchasing 500,000 of its own shares at prices ranging between 119.4000 and 120.4000 GBp per share, with the intention to cancel them. This recent transaction reduces the total number of voting rights, as the company announces continued commitment to shareholder returns and market leadership through their new three-year plan. Mitie, boasting strong ESG credentials and targeting Net Zero by 2025, has previously achieved a Total Shareholder Return of 80% over the past three years.
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