IN BRIEF: Mitie concludes GBP100 million share buyback programme

Mitie Group PLC - Glasgow-based engineering, security, cleaning and hygiene services provider - Completes GBP100 million share buyback programme. The programme was first announced in April 2024 as a GBP50 million buyback, and was doubled to GBP100 million in July. The group repurchased 89 million shares at an average price of 112 pence. Mitie says 79 million of the shares have been cancelled. It says it will issue an update on its capital deployment policy, including details of a new share buyback programme for the 2026 financial year, in a trading update on April 16.

Current stock price: 117.40 pence, up 2.3% on Tuesday afternoon in London

12-month change: up 11%

By Michael Hennessey, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Mitie