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ITV plc ( (GB:ITV) ) has provided an announcement.
ITV plc announced the purchase of 101,011 ordinary shares as part of its share buyback program, initiated to optimize capital structure and return value to shareholders. This action is part of a broader financial strategy that saw the company repurchase a total of 306,987,629 shares since March 2024. The cancellation of these shares will adjust the total voting rights, reflecting ITV’s ongoing commitment to maintaining shareholder value and confidence.
More about ITV plc
ITV plc operates in the broadcasting and media industry, providing television programming and content services primarily in the United Kingdom. The company is known for its focus on drama, entertainment, and news, reaching a wide audience through its television network and online platforms.
YTD Price Performance: -3.53%
Average Trading Volume: 10,954,923
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.62B
For detailed information about ITV stock, go to TipRanks’ Stock Analysis page.
