Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has announced the repurchase of 448,441 of its own shares as a part of its Share Buyback Programme, with prices ranging from 117.5 to 118.99 GBp per share. The company plans to cancel these shares, which will subsequently reduce the number of shares in issue and total voting rights. This move is part of Mitie’s ongoing strategy to manage its share capital effectively.
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