Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has announced the purchase of 500,000 of its own shares as part of its Share Buyback Programme, with prices ranging from 120.6 to 121.2 GBp per share, and plans to cancel these shares. After the transaction, the total number of voting rights in Mitie stands at 1,297,280,278 ordinary shares. The move is in line with Mitie’s strategy to deliver enhanced shareholder returns, as detailed in its recently announced Facilities Transformation Three-Year Plan.
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