ITV plc (GB:ITV) has released an update.
ITV plc has repurchased 3,580,778 of its ordinary shares as part of its ongoing buyback programme, which started in March 2024. The shares were acquired at an average price of 72.76 pence each and are intended to be cancelled. This move is part of ITV’s strategy to manage its capital structure and potentially enhance shareholder value.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.