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ITV plc ( (GB:ITV) ) just unveiled an announcement.
ITV plc has announced the purchase of 1,805,759 of its ordinary shares as part of its ongoing share buyback programme initiated in March 2024. The company plans to cancel these shares, which will affect the total number of voting rights available to shareholders. Since the commencement of the buyback, ITV has repurchased a significant number of shares, indicating a strategic move to enhance shareholder value and consolidate its market position.
More about ITV plc
ITV plc operates within the broadcasting industry, focusing on television programming and production. It is renowned for delivering a variety of entertainment, drama, and factual content, catering to a diverse audience in the UK and internationally.
YTD Price Performance: 22.98%
Average Trading Volume: 10,598,559
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.73B
Find detailed analytics on ITV stock on TipRanks’ Stock Analysis page.
