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ITV plc ( (GB:ITV) ) has shared an announcement.
ITV plc has announced the repurchase of over 2 million of its ordinary shares as part of its ongoing share buyback program, with the intention to cancel these shares. This move is part of a broader strategy initiated in March 2024 to enhance shareholder value, with significant implications for the company’s capital structure and voting rights.
More about ITV plc
ITV plc operates within the media industry, primarily focusing on broadcasting and television production. The company offers a range of services including television programming, broadcasting, and digital media, catering to a diverse audience in the UK and internationally.
YTD Price Performance: -3.40%
Average Trading Volume: 7,507,105
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.64B
See more data about ITV stock on TipRanks’ Stock Analysis page.