ITV plc Boosts Shareholder Value with Buyback Program

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

ITV plc has repurchased nearly 2 million of its ordinary shares as part of its ongoing share buyback program, with an average price of 76.07 pence per share. The company plans to cancel these shares, which will affect the total number of voting rights. Since March 2024, ITV has bought back over 164 million shares, signaling a strategic move to enhance shareholder value.

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.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.