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ITV plc Boosts Shareholder Value with Buyback

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

ITV plc has repurchased 1,740,280 of its own shares as part of its ongoing share buyback program, with prices ranging from 77.40 to 78.10 pence. The company plans to cancel these shares, which impacts the total number of voting rights available to shareholders. Since the program’s inception, ITV has bought back over 153 million shares to potentially enhance shareholder value.

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

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