ITV plc (GB:ITV) has released an update.
ITV plc has announced the buyback of 146,694 of its ordinary shares at prices ranging from 78.10 to 79.85 pence per share, with a volume-weighted average price of 79.19 pence. Following the transaction, ITV holds over 53 million shares in treasury and retains nearly 4 billion shares in issue for voting purposes. This buyback is part of a larger program initiated on March 7, 2024, which has seen ITV repurchase shares at an average price of 72.20 pence each.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.