Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has reported the purchase of 500,000 of its own ordinary shares as part of its Share Buyback Programme, with the transaction occurring through the London Stock Exchange at prices ranging between 119.8 GBp and 121.4 GBp per share. The acquired shares are set to be cancelled, which will adjust the total number of voting rights within the company. This action aligns with the company’s strategy to deliver enhanced shareholder returns, as outlined in its recent Facilities Transformation Three-Year Plan.
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