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Mitie Group Advances Share Buyback Strategy
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Mitie Group Advances Share Buyback Strategy

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

Mitie Group plc has actively engaged in its share buyback program, acquiring 442,539 of its own ordinary shares from the market, with plans to cancel these shares. The transaction involved a volume weighted average price of 116.5740 GBp per share, and following the cancellation, Mitie will have 1,335,358,180 shares in issue. This move by the UK’s leading technology-led Facilities Transformation company is part of its strategic financial management, as it continues to serve a wide range of sectors with its acclaimed ESG credentials.

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

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