Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has repurchased 670,000 of its own shares as part of its Share Buyback Programme, with the highest price paid per share being 109.2 GBp. The company plans to cancel these shares, which will affect the total number of voting rights. This move is part of Mitie’s strategy to enhance shareholder value and maintain its leading market position.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
