Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has announced a share buyback, purchasing 650,000 of its own ordinary shares, with prices ranging from 119.2 to 121.2 GBp per share. The company intends to cancel the acquired shares, which will affect the total number of voting rights in the business, as it continues to focus on leading the UK’s Facilities Transformation sector. Mitie’s recent performance has delivered a Total Shareholder Return (TSR) of 80%, positioning it among the top performers in the FTSE 250.
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