Mitie Group Advances Share Buyback Program

Mitie Group plc (GB:MTO) has released an update.

Mitie Group plc has implemented a share buyback, purchasing 150,000 shares at a uniform price of 123.2 GBp per share, as part of their previously announced Share Buyback Programme. The shares acquired are to be held in treasury, resulting in a revised total of 1,331,132,240 ordinary shares in issue, excluding treasury-held shares. This move reflects Mitie’s ongoing strategy to manage its share capital effectively and is in compliance with relevant EU regulations and Listing Rules.

For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.

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