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ITV plc ( (GB:ITV) ) has provided an announcement.
ITV plc has executed a share buyback transaction, purchasing 159,999 of its ordinary shares at a volume-weighted average price of 72.91 pence per share. This move is part of the larger buyback program initiated in March 2024, under which ITV has repurchased a total of 269,931,027 shares, aiming to reduce the number of shares in circulation and potentially enhance shareholder value by canceling the acquired shares.
More about ITV plc
ITV plc is a media company operating in the broadcasting industry, primarily providing television content and services. It focuses on producing and distributing a wide variety of television programs and engaging in advertising and digital media ventures.
YTD Price Performance: 23.22%
Average Trading Volume: 10,702,953
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.73B
For a thorough assessment of ITV stock, go to TipRanks’ Stock Analysis page.
