Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has reported the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with shares bought at prices ranging from 120.5000 to 121.4000 GBp per share. The company intends to cancel these shares, which will adjust the total number of voting rights in Mitie. The move is part of Mitie’s strategic efforts to deliver enhanced shareholder returns and follows a period of significant Total Shareholder Return.
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