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The latest announcement is out from ITV plc ( (GB:ITV) ).
ITV plc has executed a share buyback of 4,258,638 ordinary shares from Morgan Stanley & Co. International Plc, with the intent to cancel these shares as part of a previously announced buyback program. This transaction reflects ITV’s strategic financial management, impacting the company’s share structure by increasing its treasury holdings to 120,479,277 and adjusting the total voting rights to 3,793,397,736, thereby influencing shareholder interests and market perception.
More about ITV plc
ITV plc is a prominent player in the broadcasting industry, offering a wide range of television programming and digital media services. With a focus on delivering diverse content, ITV caters to a broad audience across the UK, leveraging its market position to engage viewers and advertisers alike.
YTD Price Performance: 21.36%
Average Trading Volume: 10,112,781
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.7B
For a thorough assessment of ITV stock, go to TipRanks’ Stock Analysis page.
