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ITV plc’s Share Buyback Alters Major Holdings
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ITV plc’s Share Buyback Alters Major Holdings

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ITV plc ( (GB:ITV) ) has provided an update.

ITV plc has announced a passive change in its major holdings due to a share buyback program, resulting in a reduction of shares in issue. This has affected Liberty Global Ltd., which now holds a 10.05839% voting right in ITV, reflecting the company’s strategic financial maneuvering that could impact its shareholder structure and market positioning.

More about ITV plc

ITV plc is a UK-based company operating in the broadcasting and media industry, primarily focused on television production and broadcasting services.

YTD Price Performance: -3.26%

Average Trading Volume: 10,737,342

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.69B

See more insights into ITV stock on TipRanks’ Stock Analysis page.

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