ITV plc (GB:ITV) has released an update.
ITV plc has strategically repurchased 733,389 of its ordinary shares at prices ranging between 80.65 pence and 81.40 pence, under the share buyback program announced earlier in March. These shares, acquired through Morgan Stanley on the London Stock Exchange, will be cancelled, effectively reducing the total number of voting rights to 3,930,619,122. The buyback is part of a larger initiative that has seen ITV plc buy back over 130 million shares at an average price of 76.26 pence each since March.
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