ITV plc (GB:ITV) has released an update.
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ITV plc has repurchased over 2.2 million of its own shares as part of its ongoing buyback program, with prices ranging from 73.50 to 75.55 pence per share. The company plans to cancel these shares, aiming to enhance shareholder value by reducing the total number of shares in circulation. This move reflects ITV’s commitment to returning capital to its investors.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.
