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ITV plc Continues Share Buyback Program

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ITV plc Continues Share Buyback Program

ITV plc ( (GB:ITV) ) has shared an update.

ITV plc has executed a share buyback transaction, purchasing 1,752 of its ordinary shares at an average price of 71.56 pence per share. This move is part of a broader buyback program initiated in March 2024, aimed at reducing the number of shares in circulation, potentially enhancing shareholder value and adjusting the company’s capital structure.

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, offering a range of television content and services.

YTD Price Performance: 1.02%

Average Trading Volume: 7,492,527

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.76B

For detailed information about ITV stock, go to TipRanks’ Stock Analysis page.

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