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ITV plc ( (GB:ITV) ) has shared an announcement.
ITV plc has announced the purchase of 851,715 of its ordinary shares as part of a share buyback program initiated in March 2024. The shares were bought at an average price of 71.59 pence each, and ITV plans to cancel the acquired shares, thereby potentially increasing the value of remaining shares and altering the voting rights within the company.
More about ITV plc
ITV plc is a major player in the television broadcasting industry, offering a wide array of content including news, entertainment, and dramas. The company operates primarily in the UK market and is focused on delivering high-quality programming to its audience.
YTD Price Performance: -2.58%
Average Trading Volume: 10,976,095
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.67B
For a thorough assessment of ITV stock, go to TipRanks’ Stock Analysis page.
