Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
An announcement from ITV plc ( (GB:ITV) ) is now available.
ITV plc has completed a significant share buyback, purchasing nearly 2 million of its ordinary shares from Morgan Stanley on January 7, 2025, as part of a broader buyback program initiated in March 2024. This strategic move to cancel the purchased shares aims to reduce the total number of shares in circulation, potentially enhancing shareholder value and adjusting the company’s capital structure, affecting the voting rights and investment stakes of shareholders.
More about ITV plc
ITV plc is a major player in the media and entertainment industry, primarily offering television broadcasting services. The company focuses on producing and distributing a range of media content to audiences through various platforms, maintaining a significant presence in the UK market.
YTD Price Performance: -2.58%
Average Trading Volume: 10,815,763
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.69B
For an in-depth examination of ITV stock, go to TipRanks’ Stock Analysis page.
