Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has recently executed a share buyback, purchasing 500,000 of its own ordinary shares, with prices ranging from 123.00 to 125.40 GBp per share. The company intends to cancel these shares, which will subsequently reduce the total number of voting rights and shares in issue. This transaction is part of Mitie’s previously announced Share Buyback Programme aimed at enhancing shareholder value.
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