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Mitie Group PLC - London-based facilities management and professional services - Completes the £50 million share buyback programme that it first announced in April last year. Mitie buys back 59 million shares at an average price of 85 pence. Of these 26 million shares, 2% of all shares, have been cancelled, while 33 million have been retained to meet employee incentive awards. Mitie notes that it has repurchased a total of 128 million shares in the past two years at an average price of 79p, returning £100 million. Current stock price: 106.00p 12-month change: up 39% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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