Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has announced the purchase of 500,000 of its own ordinary shares at prices ranging between 123.6000 and 124.8000 GBp per share as part of its Share Buyback Programme. The acquired shares are to be cancelled, which will leave Mitie with 1,304,750,874 ordinary shares in issue. This buyback initiative is part of the company’s ongoing effort to deliver enhanced shareholder returns and extend its market leadership as outlined in its Facilities Transformation Three-Year Plan.
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