ITV plc Advances Share Buyback Program with Latest Acquisition

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ITV plc ( (GB:ITV) ) has issued an announcement.

ITV plc has executed a share buyback, purchasing 4,952,785 of its ordinary shares as part of its ongoing buyback program. This transaction, which is a component of a larger initiative commenced earlier in the year, aims to consolidate the company’s share structure by reducing the number of shares in circulation, potentially enhancing shareholder value.

More about ITV plc

ITV plc operates in the media industry, primarily focusing on television broadcasting and production services. It is a major player in the UK media market, offering a variety of content across its channels and platforms.

YTD Price Performance: 20.94%

Average Trading Volume: 10,116,484

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.7B

See more data about ITV stock on TipRanks’ Stock Analysis page.

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