ITV plc (GB:ITV) has released an update.
ITV plc has reported the purchase of 3,555,376 of its own ordinary shares at a volume-weighted average price of 76.19 pence per share, as part of its share buyback program announced earlier in March. The shares, bought on August 5, 2024, will be held in treasury, reducing the number of shares in circulation and potentially increasing the value of remaining shares. This buyback is part of a larger initiative that has seen ITV repurchase over 101 million shares since the program’s inception.
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