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Mitie Group plc (GB:MTO)
LSE:MTO

Mitie Group plc (MTO) AI Stock Analysis

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Mitie Group plc

(LSE:MTO)

Rating:77Outperform
Price Target:―
Mitie Group plc demonstrates solid financial health with strong revenue and cash flow growth, supported by strategic share buybacks. The technical indicators are positive, but caution is advised due to potential overbought conditions. The attractive valuation further complements the stock's favorable outlook.
Positive Factors
Contracts
Mitie secured a record ÂŁ7bn TCV of wins/renewals/extensions in FY25, including a significant ÂŁ136m p.a. security services contract with the DWP secured in 4Q.
Earnings
Mitie has delivered a strong FY25E update, with 4Q revenue up c.9% YoY reflecting good projects demand.
Financial Performance
FY25 FCF of ÂŁ135m is well ahead of guidance of at least ÂŁ100m, with FY25E post-IFRS 16 average net debt/EBITDA of c.0.9x.
Negative Factors
Market Conditions
There is uncertainty regarding margin trends due to the higher rate for employer National Insurance that reduces visibility.

Mitie Group plc (MTO) vs. iShares MSCI United Kingdom ETF (EWC)

Mitie Group plc Business Overview & Revenue Model

Company DescriptionMitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain. The company provides security services, such as manned guarding and technology-backed monitoring solutions, fire and security systems installations, vetting and front-of-house services; and general, specialist, and technical cleaning services in offices, buildings, transport and logistics hubs, and high-security environments. It is also involved in the provision of technology-backed engineering; maintenance, repair, and mechanical and electrical project activities; energy, carbon, and water management services; air conditioning and disinfection solutions; telecoms and energy services; and remote asset monitoring, and digital and connected workplace solutions. In addition, the company provides facilities management services across central government and defense contracts; decarbonization solutions; and engineering services. Further, it offers integrated facilities management services to devolved public sector customers, which focuses on community environments in healthcare, schools and universities, emergency services, and local authorities; portering services; public services in immigration, criminal justice, and healthcare; horticultural and winter landscaping services; and waste elimination, reduction, recycling, and treatment solutions. Mitie Group plc was incorporated in 1936 and is headquartered in London, the United Kingdom.
How the Company Makes MoneyMitie Group plc generates revenue primarily through long-term contracts and partnerships across its diverse service offerings. The company earns money by providing facilities management services including cleaning, security, and maintenance to a wide range of clients in both the public and private sectors. Key revenue streams include outsourced facilities management services, energy management, and technical services. Mitie also benefits from strategic partnerships and collaborations with various organizations to deliver comprehensive and customized solutions, which enhances its market presence and contributes significantly to its earnings.

Mitie Group plc Financial Statement Overview

Summary
Mitie Group plc shows strong financial performance with notable revenue and cash flow growth. The income statement reflects robust growth, though margins could improve. The balance sheet is stable with moderate leverage, which needs careful management. Cash flow efficiency is excellent, indicating strong cash conversion and management.
Income Statement
85
Very Positive
Mitie Group plc has demonstrated strong revenue growth of 12.68% from 2023 to 2024, marking consistent expansion in its operations. The gross profit margin stands at 11.25%, and the net profit margin is 2.84%, indicating a moderate level of profitability. The EBIT margin is 3.73%, while the EBITDA margin is 5.50%, reflecting efficient management of operating expenses. Overall, the income statement shows robust growth and reasonable profitability metrics, although there is room for improvement in margins.
Balance Sheet
75
Positive
The company's balance sheet reveals a debt-to-equity ratio of 0.71, which indicates moderate leverage. With a return on equity (ROE) of 27.86%, Mitie Group is generating a strong return on its shareholders' equity. The equity ratio of 23.52% suggests a moderate reliance on equity financing. The balance sheet is relatively stable; however, the moderate leverage poses some risk if not managed carefully.
Cash Flow
88
Very Positive
Mitie Group's cash flow statement highlights a remarkable free cash flow growth rate of 157.68% from 2023 to 2024, showcasing significant improvement in cash generation. The operating cash flow to net income ratio is 1.57, indicating strong cash conversion efficiency from net income. The free cash flow to net income ratio is 1.41, further illustrating the company's sound cash flow management. Overall, the cash flow position is strong, supporting both operational needs and potential growth investments.
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
4.79B4.45B3.94B3.90B2.50B2.17B
Gross Profit
531.80M499.90M407.30M422.90M258.50M276.10M
EBIT
172.30M165.70M132.70M132.00M61.70M82.60M
EBITDA
289.10M244.70M205.00M137.50M54.60M107.90M
Net Income Common Stockholders
120.60M126.30M91.10M37.70M-8.10M41.80M
Balance SheetCash, Cash Equivalents and Short-Term Investments
164.90M244.90M248.30M345.20M196.20M139.50M
Total Assets
1.08B1.93B1.83B1.82B1.63B1.07B
Total Debt
312.10M321.50M286.00M300.60M278.80M320.70M
Net Debt
183.00M76.60M37.70M-44.60M82.60M181.20M
Total Liabilities
992.10M1.45B1.41B1.40B1.27B988.70M
Stockholders Equity
87.50M453.20M421.70M425.80M357.50M80.50M
Cash FlowFree Cash Flow
187.70M177.80M69.00M198.90M1.90M51.30M
Operating Cash Flow
201.00M197.70M94.20M234.50M23.60M70.70M
Investing Cash Flow
-10.70M-41.70M-35.70M-30.20M-85.30M45.20M
Financing Cash Flow
-211.20M-158.90M-156.40M-55.10M119.00M-79.50M

Mitie Group plc Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price138.60
Price Trends
50DMA
137.76
Positive
100DMA
126.73
Positive
200DMA
120.46
Positive
Market Momentum
MACD
3.89
Positive
RSI
35.89
Neutral
STOCH
55.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MTO, the sentiment is Neutral. The current price of 138.6 is below the 20-day moving average (MA) of 153.65, above the 50-day MA of 137.76, and above the 200-day MA of 120.46, indicating a neutral trend. The MACD of 3.89 indicates Positive momentum. The RSI at 35.89 is Neutral, neither overbought nor oversold. The STOCH value of 55.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:MTO.

Mitie Group plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBJSG
78
Outperform
ÂŁ608.30M17.3012.12%2.69%10.34%33.59%
GBMTO
77
Outperform
ÂŁ1.95B16.9223.48%2.69%15.25%25.57%
GBSRP
72
Outperform
ÂŁ1.91B45.354.71%2.19%-0.68%-78.93%
GBCPI
72
Outperform
£223.61M3.5949.03%―-10.33%―
GBRST
68
Neutral
£364.22M29.105.32%2.02%-0.65%―
66
Neutral
$4.49B12.285.32%248.53%4.08%-12.00%
65
Neutral
£13.95M900.00-3.75%―6.90%-242.86%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:MTO
Mitie Group plc
138.60
24.92
21.92%
GB:CPI
Capita plc
244.40
24.50
11.14%
GB:JSG
Johnson Service
143.00
-16.39
-10.28%
GB:REAT
REACT Group plc
59.00
-17.50
-22.88%
GB:RST
Restore
255.00
-12.98
-4.84%
GB:SRP
Serco Group plc
190.70
18.64
10.83%

Mitie Group plc Corporate Events

Regulatory Filings and Compliance
Mitie Group Updates Share Capital and Voting Rights
Neutral
May 1, 2025

Mitie Group plc has announced its issued share capital and voting rights as of April 30, 2025, in accordance with the Disclosure Guidance and Transparency Rules. This update is relevant for shareholders to determine their interests or changes in interests in the company. The announcement reflects Mitie’s commitment to transparency and regulatory compliance, potentially impacting shareholder decisions and market perception.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates solid financial health with strong revenue and cash flow growth, supported by strategic share buybacks. The technical indicators are positive, but caution is advised due to potential overbought conditions. The attractive valuation further complements the stock’s favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Apr 30, 2025

Mitie Group plc announced the purchase of 500,000 of its own ordinary shares as part of its Share Buyback Programme, with the shares to be held in treasury. This move is part of Mitie’s ongoing strategy to manage its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates a strong financial foundation with significant revenue and cash flow growth, supported by strategic share buybacks. While the technical indicators signal bullish momentum, the high RSI and Stochastic values suggest caution due to potential overbought conditions. The stock’s attractive valuation further supports its favorable outlook, balancing growth and income potential.

To see Spark’s full report on GB:MTO stock, click here.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Apr 29, 2025

Mitie Group plc has announced the purchase of 500,000 of its ordinary shares at an average price of 140.10 GBp as part of its Share Buyback Programme. This transaction, executed through Peel Hunt LLP, reflects Mitie’s strategic financial management and aims to enhance shareholder value by holding the purchased shares in treasury, impacting the company’s voting rights and market positioning.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc exhibits a strong financial performance, bolstered by robust revenue growth and efficient cash flow management. The company’s strategic share buybacks and management changes further enhance shareholder value, while the technical indicators show bullish momentum. However, caution is advised due to overbought signals. Overall, with a solid valuation and strategic corporate actions, Mitie is well-positioned for continued growth.

To see Spark’s full report on GB:MTO stock, click here.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Strategic Buyback
Positive
Apr 28, 2025

Mitie Group plc announced the purchase of 500,000 of its own ordinary shares as part of a share buyback program, with the shares to be held in treasury. This move is part of Mitie’s strategic financial management, potentially enhancing shareholder value and reflecting confidence in its market position. The transaction underscores Mitie’s commitment to maintaining a strong capital structure while continuing to lead in the facilities management sector.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc scores well due to its solid financial performance, strong cash flow management, and strategic share buybacks. While technical indicators show bullish momentum, caution is warranted due to potential overbought conditions. The attractive valuation further supports the stock’s favorable outlook, balancing profitability and strategic capital management.

To see Spark’s full report on GB:MTO stock, click here.

Stock BuybackBusiness Operations and Strategy
Mitie Group plc Executes Share Buyback to Strengthen Capital Structure
Positive
Apr 25, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with prices ranging from 137.60 to 138.00 GBp per share. This move is part of Mitie’s strategy to manage its capital structure and enhance shareholder value, reflecting confidence in its financial stability and future prospects.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates strong financial health with notable revenue growth and cash flow efficiency, supported by strategic share buybacks and contract acquisitions. While profitability margins and moderate leverage require attention, the stock’s valuation is appealing with a reasonable P/E ratio and dividend yield. Technical indicators suggest bullish momentum but caution against potential overbought conditions. Overall, Mitie’s strategic capital management and robust market position support a favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

Stock BuybackBusiness Operations and Strategy
Mitie Group Launches ÂŁ125 Million Share Buyback Program for FY26
Positive
Apr 16, 2025

Mitie Group plc has announced a new £125 million share buyback program for FY26, following the completion of a £100 million buyback in FY25. This move, supported by a strong balance sheet and low leverage, aims to return surplus funds to shareholders while maintaining leverage within the target range. The program will involve the purchase and cancellation of ordinary shares, with some held in treasury for employee incentive schemes. The initiative reflects Mitie’s strategic capital deployment policy, balancing shareholder returns with potential acquisitions.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates robust financial health with strong revenue growth and excellent cash generation. While profitability margins could improve, the company’s valuation is attractive with a reasonable P/E ratio and a good dividend yield. Technical indicators suggest stability, although the lack of momentum signals warrants a cautious approach. Overall, Mitie’s strategic capital management and market position support a favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Mitie Group Reports Record Revenue and Launches New Share Buyback Program
Positive
Apr 16, 2025

Mitie Group plc has announced a strong performance for FY25, with record revenue growth of approximately 13% to £5.1 billion, driven by organic growth and strategic acquisitions. The company has upgraded its operating profit guidance to £230 million and launched a £125 million share buyback program. Significant contract wins, including a £136 million annual contract with the Department for Work and Pensions, and a focus on AI and intelligent process automation, position Mitie for continued growth in FY26. The company maintains a strong financial position with low leverage and proactive capital deployment, including strategic M&A and share buybacks, while mitigating cost impacts from National Insurance contributions through margin enhancement initiatives.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates robust financial health with strong revenue growth and excellent cash generation. While profitability margins could improve, the company’s valuation is attractive with a reasonable P/E ratio and a good dividend yield. Technical indicators suggest stability, although the lack of momentum signals warrants a cautious approach. Overall, Mitie’s strategic capital management and market position support a favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

Regulatory Filings and Compliance
Mitie Group PLC Announces Change in Voting Rights Structure
Neutral
Apr 15, 2025

Mitie Group PLC has announced a change in its voting rights structure, with Apex Financial Services (Trust Company) Limited increasing its voting rights from 2.86% to 3.29%. This adjustment reflects a significant acquisition or disposal of voting rights, potentially impacting the company’s governance and shareholder dynamics.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates robust financial health with strong revenue growth and excellent cash generation. While profitability margins could improve, the company’s valuation is attractive with a reasonable P/E ratio and a good dividend yield. Technical indicators suggest stability, although the lack of momentum signals warrants a cautious approach. Overall, Mitie’s strategic capital management and market position support a favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

Business Operations and Strategy
Mitie Group Aligns CEO Interests with Shareholders Through Share Incentive Plan
Positive
Apr 15, 2025

Mitie Group plc announced that its Share Incentive Plan Trustees have purchased ordinary shares on behalf of Phil Bentley, the company’s CEO. This transaction, which includes both partnership and matching shares, reflects the company’s ongoing commitment to aligning management interests with those of shareholders, potentially impacting stakeholder confidence positively.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates robust financial health with strong revenue growth and excellent cash generation. While profitability margins could improve, the company’s valuation is attractive with a reasonable P/E ratio and a good dividend yield. Technical indicators suggest stability, although the lack of momentum signals warrants a cautious approach. Overall, Mitie’s strategic capital management and market position support a favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

Regulatory Filings and Compliance
Mitie Group Directors Acquire Shares, Signaling Confidence
Positive
Apr 2, 2025

Mitie Group plc announced the acquisition of ordinary shares by its directors and persons discharging managerial responsibilities, as part of regulatory compliance with the UK Market Abuse Regulation. This transaction reflects internal confidence in the company’s future prospects and may impact stakeholder perceptions positively.

Regulatory Filings and Compliance
Mitie Group Updates Share Capital and Voting Rights
Neutral
Apr 1, 2025

Mitie Group plc announced its updated share capital and voting rights as of 31 March 2025, in compliance with the FCA’s Disclosure Guidance and Transparency Rules. The total number of voting rights stands at 1,257,086,633, which shareholders can use for interest calculations. This update is significant for stakeholders as it provides clarity on the company’s capital structure and ensures transparency in shareholder communications.

Stock BuybackBusiness Operations and Strategy
Mitie Group Completes ÂŁ100m Share Buyback Programme
Positive
Apr 1, 2025

Mitie Group plc has completed its £100m share buyback programme, initially announced at £50m and later doubled. The programme involved purchasing 89 million shares, with 79 million shares cancelled, representing about 6% of the company’s issued share capital. This move is part of Mitie’s proactive capital deployment strategy, and further details on future buyback plans will be provided in the upcoming FY25 Trading Update. The completion of this programme reflects Mitie’s commitment to strategic capital management and may influence its market positioning and stakeholder confidence.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Apr 1, 2025

Mitie Group plc announced the purchase of 414,778 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to manage its share capital and enhance shareholder returns, reflecting its strong financial position and commitment to delivering value to its stakeholders.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 31, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares, reducing the total number of shares in circulation. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership, as outlined in its new Facilities Transformation Three-Year Plan, which aims to deliver accelerated growth and improved shareholder value.

Stock BuybackBusiness Operations and Strategy
Mitie Group Announces Share Buyback as Part of Growth Strategy
Positive
Mar 28, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with the shares intended for cancellation. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position, as outlined in its new Facilities Transformation Three-Year Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 27, 2025

Mitie Group plc announced the purchase of 500,000 of its own shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership in facilities management, aligning with its new three-year growth plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 26, 2025

Mitie Group plc announced the purchase of 550,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This transaction is part of Mitie’s strategy to enhance shareholder returns and strengthen its market leadership position, following a successful three-year plan that delivered an 80% total shareholder return.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 25, 2025

Mitie Group plc announced the purchase of 500,000 of its own shares as part of its Share Buyback Programme, with plans to cancel the shares, reducing the total number of voting rights. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position in the facilities management industry.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 24, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and solidify its market leadership position, aligning with its new Facilities Transformation Three-Year Plan aimed at accelerated growth and improved shareholder value.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 21, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares, reducing the total number of voting rights. This move is part of Mitie’s strategy to enhance shareholder returns and strengthen its market position, aligning with its new Facilities Transformation Three-Year Plan aimed at accelerating growth and maintaining market leadership.

Stock BuybackBusiness Operations and Strategy
Mitie Group Announces Share Buyback to Enhance Shareholder Value
Positive
Mar 20, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This transaction, executed through Stifel Nicolaus Europe Limited, reflects Mitie’s strategy to enhance shareholder value and maintain its market leadership position. The buyback is part of Mitie’s broader Facilities Transformation Plan, which aims to deliver accelerated growth and improved shareholder returns.

Stock BuybackBusiness Operations and Strategy
Mitie Group Announces Share Buyback to Boost Shareholder Value
Positive
Mar 19, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme. The shares will be canceled, reducing the total number of voting rights. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position in the facilities management industry.

Executive/Board ChangesBusiness Operations and Strategy
Mitie Group Announces New Chair-Elect to Lead Next Phase of Growth
Positive
Mar 19, 2025

Mitie Group plc has announced the appointment of Christopher Rogers as the new Chair-Elect, succeeding Derek Mapp at the AGM in July 2025. Rogers, who brings extensive board experience from various sectors, is expected to build on the market leadership established during Mapp’s tenure. This leadership change is seen as a strategic move to further develop Mitie’s business and deliver value to stakeholders, aligning with the company’s ongoing Facilities Transformation Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 18, 2025

Mitie Group plc announced the purchase of 500,000 of its own shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership, supported by its new Facilities Transformation Three-Year Plan.

Business Operations and Strategy
Mitie Group Aligns CEO Interests with Shareholders
Positive
Mar 17, 2025

Mitie Group plc announced that the Trustees of its Share Incentive Plan have purchased ordinary shares on behalf of Phil Bentley, the CEO. This transaction reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting stakeholder confidence positively.

Stock BuybackBusiness Operations and Strategy
Mitie Group Advances Share Buyback Programme to Boost Market Position
Positive
Mar 17, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and solidify its market leadership position, aligning with its new Facilities Transformation Three-Year Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 14, 2025

Mitie Group plc announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership, aligning with its new Facilities Transformation Three-Year Plan aimed at accelerated growth and improved shareholder value.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 13, 2025

Mitie Group plc has announced the purchase of 500,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and strengthen its market leadership position. Following the cancellation, Mitie will have over 1.26 billion ordinary shares in issue, which reflects the total number of voting rights. The announcement aligns with Mitie’s ongoing efforts to deliver accelerated growth and enhanced shareholder value as outlined in their new Facilities Transformation Three-Year Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Announces Share Buyback to Enhance Shareholder Value
Positive
Mar 12, 2025

Mitie Group plc announced the purchase of 250,000 of its own shares as part of its Share Buyback Programme, with plans to cancel these shares, thereby reducing the total number of shares in circulation. This move is part of Mitie’s strategy to enhance shareholder value, as it continues to maintain its market leadership and focus on growth and sustainability, including targeting net zero emissions by 2025.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 12, 2025

Mitie Group plc announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel the purchased shares. This transaction will reduce the number of shares in circulation, potentially enhancing shareholder value. The buyback reflects Mitie’s strategy to strengthen its market position and deliver enhanced shareholder returns as part of its new Facilities Transformation Three-Year Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 11, 2025

Mitie Group plc has announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at a volume-weighted average price of 114.66 GBp and will be canceled, reducing the total number of voting rights. This move is part of Mitie’s strategy to enhance shareholder returns and strengthen its market position, aligning with its new Facilities Transformation Three-Year Plan aimed at accelerating growth.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 10, 2025

Mitie Group plc has announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at prices ranging from 114.4 GBp to 116.4 GBp and will be canceled, reducing the total number of shares in issue. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position in the facilities management industry.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 6, 2025

Mitie Group plc announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership, aligning with its new Facilities Transformation Three-Year Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 5, 2025

Mitie Group plc announced the purchase of 250,000 of its own shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position in facilities transformation, aligning with its new Three-Year Plan to drive accelerated growth.

Business Operations and StrategyRegulatory Filings and Compliance
Mitie Group Updates on Share Capital and Voting Rights
Positive
Mar 3, 2025

Mitie Group plc announced its issued share capital and voting rights as of 28 February 2025, in line with the Disclosure Guidance and Transparency Rules. This update is significant for shareholders as it impacts their calculations for notifying interests in the company. The announcement reflects Mitie’s ongoing commitment to transparency and governance, reinforcing its strong position in the market and its focus on delivering enhanced shareholder returns through its new Facilities Transformation Three-Year Plan.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Mar 3, 2025

Mitie Group plc announced the purchase of 250,000 of its own shares as part of its Share Buyback Programme, with the intention to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder value and maintain its market leadership position, as outlined in its new Facilities Transformation Three-Year Plan. The cancellation of shares will adjust the total number of voting rights in the company, potentially impacting shareholder dynamics.

Stock BuybackBusiness Operations and Strategy
Mitie Group Announces Share Buyback to Enhance Shareholder Value
Positive
Feb 28, 2025

Mitie Group plc announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position, while also reflecting its financial strength and commitment to delivering value to stakeholders.

Stock BuybackBusiness Operations and Strategy
Mitie Group Announces Share Buyback to Enhance Shareholder Value
Positive
Feb 26, 2025

Mitie Group plc announced the purchase of 100,000 of its ordinary shares as part of its Share Buyback Programme. The shares, bought at an average price of 117.4250 GBp, will be canceled, reducing the total number of voting rights. This move is part of Mitie’s strategy to enhance shareholder returns and maintain its market leadership position.

Executive/Board ChangesRegulatory Filings and Compliance
Mitie Group Announces Share Transactions Under Incentive Plan
Neutral
Feb 18, 2025

Phil Bentley, a director at Mitie Group plc, has had 126 partnership shares and 63 matching shares purchased on his behalf under the company’s Share Incentive Plan. This transaction is part of the company’s ongoing adherence to the UK Market Abuse Regulation, reflecting Mitie’s commitment to regulatory compliance and transparent corporate governance.

Stock BuybackBusiness Operations and Strategy
Mitie Announces Share Buyback to Enhance Market Position
Positive
Feb 12, 2025

Mitie Group plc announced a share buyback transaction, purchasing 150,000 of its ordinary shares, with plans to cancel the shares to adjust its share capital. This move is part of its ongoing strategy to enhance shareholder returns and maintain market leadership, aligning with its new Three-Year Plan to drive growth and sustainability. The share buyback is indicative of Mitie’s commitment to shareholder value and strategic financial management.

Stock BuybackBusiness Operations and Strategy
Mitie Group plc Announces Share Buyback and Cancellation
Positive
Feb 11, 2025

Mitie Group plc has announced the purchase of 250,000 of its ordinary shares as part of a share buyback programme, with plans to cancel these shares. This move reflects a strategic step towards enhancing shareholder value and maintaining market leadership in the facilities management sector. The cancellation of shares will adjust the total number of voting rights, indicating a potential impact on the company’s stock market dynamics and shareholder composition.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Feb 10, 2025

Mitie Group plc announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at an average price of 116.54 pence and are to be canceled, reducing the total number of shares in issue, which could potentially enhance shareholder value. This move is part of Mitie’s strategic plan to extend its market leadership and deliver enhanced shareholder returns through accelerated growth.

Private Placements and FinancingRegulatory Filings and Compliance
Mitie Group’s Share Acquisition Underlines Management’s Confidence
Positive
Feb 7, 2025

Mitie Group plc announced that its Share Incentive Plan Trustees acquired shares on behalf of Phil Bentley, a person discharging managerial responsibility, at a price of £1.164582 per share. This transaction, notified under UK Market Abuse Regulation, indicates ongoing financial engagements and commitments by key management, reflecting confidence in the company’s prospects.

Stock BuybackBusiness Operations and Strategy
Mitie Group Enhances Shareholder Value with Share Buyback
Positive
Feb 7, 2025

Mitie Group plc announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares to consolidate its capital structure. This move reflects Mitie’s strategic focus on enhancing shareholder value and maintaining a strong market position, as it continues to execute its new Facilities Transformation Three-Year Plan aimed at accelerating growth and delivering higher returns.

DividendsBusiness Operations and StrategyRegulatory Filings and Compliance
Mitie Group Announces Share Acquisitions by Key Personnel
Positive
Feb 6, 2025

Mitie Group plc announced that it has been notified of the acquisition of its ordinary shares as part of its Dividend Reinvestment Plan (DRIP). The transactions involved Salma Shah acquiring 247 shares and Peter Dickinson acquiring 28,223 shares. This update is in line with the UK Market Abuse Regulation requirements and reflects the confidence in the company’s operations and future prospects by individuals with managerial responsibilities.

Stock BuybackBusiness Operations and Strategy
Mitie Group Undertakes Share Buyback to Enhance Shareholder Returns
Positive
Feb 6, 2025

Mitie Group plc announced the purchase of 250,000 of its ordinary shares as part of its Share Buyback Programme, with plans to cancel these shares. This move is expected to impact the total number of voting rights in Mitie. The share buyback is part of Mitie’s strategy to enhance shareholder returns, following a successful previous three-year plan, and aligns with its new Facilities Transformation plan aimed at accelerating growth and strengthening its market leadership.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.