ITV plc (GB:ITV) has released an update.
ITV plc has successfully executed the purchase of 1,682,599 of its ordinary shares at an average price of 80.15 pence per share, as part of its share buyback programme initiated on March 7, 2024. The shares were acquired from Morgan Stanley & Co. International Plc and will be held in treasury, with ITV now holding over 106 million treasury shares and 3.9 billion shares in issue. This move is part of ITV’s ongoing efforts to manage its capital and provide value to its shareholders.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.