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The latest update is out from ITV plc ( (GB:ITV) ).
ITV plc has announced the repurchase of 5,092,874 of its ordinary shares as part of its ongoing share buyback programme, with plans to cancel these shares. This move is part of a broader strategy to enhance shareholder value, as the company has repurchased a total of 254,359,955 shares since March 2024, potentially impacting voting rights and shareholder interests.
More about ITV plc
ITV plc operates in the media industry, primarily focusing on television broadcasting and production. The company offers a range of services that include content creation, distribution, and broadcasting across various platforms, targeting a broad audience in the UK and internationally.
YTD Price Performance: 23.91%
Average Trading Volume: 9,987,290
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.76B
Find detailed analytics on ITV stock on TipRanks’ Stock Analysis page.
