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The latest update is out from ITV plc ( (GB:ITV) ).
ITV plc has repurchased 104,670 of its ordinary shares at prices ranging from 72.60 to 73.40 pence per share, part of a buyback program initiated in March 2024. This move aims to cancel the purchased shares, reducing the total number of shares in issue and potentially increasing shareholder value, while maintaining transparency with stakeholders under FCA guidelines.
More about ITV plc
ITV plc operates in the broadcasting industry, primarily focusing on television production and broadcasting services. The company engages in the creation, production, and distribution of content across various platforms, catering to a broad entertainment market.
YTD Price Performance: 23.15%
Average Trading Volume: 10,608,521
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.73B
For a thorough assessment of ITV stock, go to TipRanks’ Stock Analysis page.
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