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ITV plc ( (GB:ITV) ) has issued an announcement.
ITV plc announced the purchase of 3,940,080 of its ordinary shares as part of its ongoing share buyback programme. This move is aimed at enhancing shareholder value and is expected to impact the company’s stock liquidity and share price. Following this transaction, ITV holds a substantial number of shares in treasury, affecting the total voting rights available to shareholders.
More about ITV plc
ITV plc is a British media company that operates in the broadcasting and television production industry. It provides a wide range of entertainment content and services, primarily focusing on television programming and broadcasting, catering to a broad audience in the UK and internationally.
YTD Price Performance: 22.29%
Average Trading Volume: 10,144,107
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.72B
For detailed information about ITV stock, go to TipRanks’ Stock Analysis page.