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ITV plc ( (GB:ITV) ) has provided an announcement.
ITV plc has announced the purchase of 3,276,674 of its ordinary shares as part of its ongoing share buyback programme, with plans to cancel the purchased shares. This transaction, executed on the London Stock Exchange, aligns with ITV’s strategy to enhance shareholder value and optimize capital structure. Following this purchase, ITV holds 120,479,277 shares in treasury, and the total number of voting rights stands at 3,779,726,809, which shareholders can use for regulatory disclosures.
More about ITV plc
ITV plc operates in the broadcasting industry, offering a range of television programming and production services. The company focuses on delivering content through its television network and associated digital platforms, catering to a diverse audience in the UK and internationally.
YTD Price Performance: -4.14%
Average Trading Volume: 10,839,879
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.64B
Learn more about ITV stock on TipRanks’ Stock Analysis page.
