ITV plc (GB:ITV) has released an update.
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ITV plc has repurchased over 2 million of its own shares at an average price of 75.01 pence each as part of its ongoing share buyback program. The company plans to cancel these shares, affecting the total voting rights and shares in issue. This move is part of ITV’s strategy to enhance shareholder value.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.