ITV plc Advances Share Buyback Plan
Company Announcements

ITV plc Advances Share Buyback Plan

ITV plc (GB:ITV) has released an update.

ITV plc has actively engaged in its share buyback program, purchasing 650,328 of its ordinary shares at a volume-weighted average price of 81.11 pence each. These shares, acquired through Morgan Stanley on the London Stock Exchange, are set to be cancelled, subsequently reducing the total number of ITV’s ordinary shares in issue and treasury shares. This move is part of a broader buyback initiative that has seen ITV repurchase over 130 million shares since March 2024.

For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.

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