ITV plc (GB:ITV) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
ITV plc has repurchased over 1.8 million of its ordinary shares as part of its ongoing share buyback program, aiming to enhance shareholder value by reducing the number of shares in circulation. The company acquired these shares at an average price of 76.78 pence each and plans to cancel them, leaving a total of 3.9 billion shares available for voting. This move is part of ITV’s strategy to manage its capital structure effectively.
For further insights into GB:ITV stock, check out TipRanks’ Stock Analysis page.
