ITV plc (GB:ITV) has released an update.
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ITV plc has successfully executed a share buyback, purchasing 1,423,890 ordinary shares at an average price of 80.67 pence each, with the intention of canceling them. This transaction is part of a larger share repurchase program announced earlier in the year, which has seen ITV acquire over 135 million shares to date. The buyback reflects ITV’s ongoing capital management strategy and will result in a total of 3,925,219,072 voting rights in the company.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.
