Leadership ChangesMitie have announced the appointment of a new Chair-Elect, Christopher Rogers, who brings significant Board experience across a range of sectors.
Market Capitalization ImpactThe group has launched a £125m buyback for FY26E, bringing total cumulative buybacks since FY23A to £325m, c.20% of market cap.
Valuation ConcernsThe current valuation is seen as compelling for a business which can consistently turn profit into free cash flow over the medium term, providing strategic options.