ITV plc (GB:ITV) has released an update.
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ITV plc has bought back 1,313,013 of its own shares at a volume-weighted average price of 78.55 pence each, as part of its ongoing share repurchase program initiated on 7 March 2024. The shares will be held in treasury, affecting the total voting rights which now stand at 3,940,095,449. Since the buyback program began, ITV has repurchased over 120 million shares, demonstrating a proactive approach to managing its capital structure.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.