tiprankstipranks
ITV plc Accelerates Share Buyback Strategy
Company Announcements

ITV plc Accelerates Share Buyback Strategy

ITV plc (GB:ITV) has released an update.

Don't Miss our Black Friday Offers:

ITV plc has repurchased 4,182,804 of its ordinary shares as part of its ongoing share buyback program, with prices ranging between 62.25 and 63.30 pence per share. This strategic move, aimed at enhancing shareholder value, brings the total number of shares bought back since March 2024 to 234,395,490. The company plans to cancel these shares, reducing the number of shares in circulation and potentially boosting earnings per share.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskITV Enhances Shareholder Value with Buyback Program
TipRanks UK Auto-Generated NewsdeskITV’s Strategic Share Buyback and Capital Optimization
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App