RE: Buyback responds to drop…25 Jul 2024 22:18
Yes, the repurchase of 2,634,342 shares, at a volume-weighted average price of 80.09, is perfectly timed. The company will hold these shares in treasury, bringing the total held to 72,079,053 and leaving 3,980,330,141 shares in issue, excluding treasury shares. Since the start of the program, ITV has bought back 80,579,053 shares at an average price of 74.43 pence each.