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ITV plc ( (GB:ITV) ) just unveiled an update.
ITV plc has announced the purchase of 2,284,260 of its ordinary shares as part of a share buyback program, aiming to cancel these shares to optimize its capital structure. This move is part of a broader strategy initiated in March 2024, where ITV has repurchased over 305 million shares, potentially enhancing shareholder value and strengthening its market position.
More about ITV plc
ITV plc is a broadcasting company primarily focused on television production and broadcasting. It operates in the media industry with a market focus on delivering entertainment and news content to a wide audience.
YTD Price Performance: -3.19%
Average Trading Volume: 10,970,864
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.65B
Learn more about ITV stock on TipRanks’ Stock Analysis page.
