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ITV plc ( (GB:ITV) ) has provided an announcement.
ITV plc announced the purchase of 180,779 ordinary shares as part of its ongoing buyback program, initiated in March 2024. This action, in line with shareholder authorization, aims to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening ITV’s market position.
More about ITV plc
ITV plc operates in the broadcasting and media industry, primarily focusing on television production and broadcasting services. The company is a significant player in the UK market, known for its wide range of entertainment, drama, and news programming.
Average Trading Volume: 10,499,364
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.76B
For detailed information about ITV stock, go to TipRanks’ Stock Analysis page.