ITV plc Advances Share Buyback Programme

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

ITV plc has executed a share buyback, purchasing 792,616 ordinary shares at a volume-weighted average price of 78.00 pence each, as part of a programme announced on 7 March 2024 following shareholder approval. These shares will be held in treasury, reducing the number of shares in issue and potentially increasing the value of remaining shares. Since the buyback programme’s inception, ITV has repurchased over 54 million shares.

For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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