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The latest announcement is out from ITV plc ( (GB:ITV) ).
ITV plc announced the repurchase of 2,438,093 ordinary shares as part of its ongoing share buyback program. This initiative, which aims to enhance shareholder value, has resulted in a total of 301,037,811 shares repurchased since its commencement, reflecting the company’s strategic focus on optimizing capital structure and reinforcing stakeholder confidence.
More about ITV plc
ITV plc operates in the broadcasting industry, primarily offering television programming and related media services. The company is focused on delivering a wide range of content to its audience across various platforms, maintaining a strong presence in the UK media market.
YTD Price Performance: -3.40%
Average Trading Volume: 10,912,953
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.65B
See more insights into ITV stock on TipRanks’ Stock Analysis page.
