ITV plc (GB:ITV) has released an update.
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ITV plc has successfully executed a share buyback, purchasing 734,459 ordinary shares at prices ranging from 70.35 to 72.30 pence per share, with a volume-weighted average of 70.98 pence per share. Following the transaction, the company holds over 42 million shares in treasury and maintains just over 4 billion ordinary shares in issue, affecting voting rights for shareholders. The buyback is part of a program announced earlier in March, having accumulated shares at an average price of 71.30 pence since its start.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.
