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ITV plc ( (GB:ITV) ) has issued an announcement.
ITV plc has executed a share buyback, purchasing over 2.26 million of its ordinary shares on 16 January 2025 as part of its ongoing programme announced in March 2024. This move, aimed at enhancing shareholder value by reducing the number of shares in circulation, highlights ITV’s proactive financial management strategies. With the recent transaction, ITV holds over 120 million shares in treasury, impacting the total voting rights and shareholding structure, which may influence stakeholder engagement and market perceptions.
More about ITV plc
ITV plc is a prominent player in the broadcasting industry, providing television content and services across the UK. The company focuses on producing and distributing a wide range of programming, including entertainment, drama, and news, appealing to diverse audiences.
YTD Price Performance: -2.51%
Average Trading Volume: 11,090,739
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.61B
Learn more about ITV stock on TipRanks’ Stock Analysis page.
