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ITV Itv Plc

72.00
0.20 (0.28%)
03 May 2024 - Closed
Delayed by 15 minutes
Itv Investors - ITV

Itv Investors - ITV

Share Name Share Symbol Market Stock Type
Itv Plc ITV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.20 0.28% 72.00 16:35:06
Open Price Low Price High Price Close Price Previous Close
72.30 71.85 73.20 72.00 71.80
more quote information »
Industry Sector
MEDIA

Top Investor Posts

Top Posts
Posted at 01/5/2024 18:08 by loginname
Does anyone have a link to the live webcast for the AGM tomorrow?

I can only find previous recordings on the investor centre:

hxxps://www.itvplc.com/investors/shareholder-information/previous-agms
Posted at 29/4/2024 17:28 by bigegoadvfn
Busy month for ITV investors coming up...

Thursday 2nd May - AGM
Thursday 9th May - Q1 2024 Trading Update
Thursday 23rd May - 3.3p Dividend Paid

Personally hoping for a good entry price end May to continue my dividend re-investment approach, but potential for the Trading Update to move things up another notch if Q1 2024 has turned the much suggested 'early signs of recovery' into increased revenue...
Posted at 15/3/2024 12:12 by jacko07
I'm happy that so many investors talk complete rubbish and haven't a clue. Makes making money simple for the rest of us.

lmao...Keslo, your posts suggest that you are a main contender in talking rubbish, last week you were slagging others off for informing you that a buyback wasn't going to push this to 80p. Seems those you accuse of talking rubbish live in the real world and you should wind your neck in or stay stuum, because every time you post you make yourself a know nothing pratt.

It's obvious you are a rookie at this game, last week after a huge gain and when the share price didn't shoot up more to quell your losses, you turned on the many seasoned investors on here and threw your toys out of the pram.

Let's face, you are a know all who knows nothing...Calling others out for talking rubbish is a bit rich coming from the thread's prize plonker.
Posted at 08/3/2024 09:26 by geckotheglorious
thebutler

Buyback naysayers could also be Dividend investors who want a Dividend raise/a special divi rather than a buyback.

Both the former two are immediately beneficial, and visibly so, to a dividend investor. A buyback is not so much, especially as any buyback stock price rise is often subsequently sold into so in terms of personal stock holding the said investor is no better off from his specific stake valuation.

Clearly you're too thick to entertain this option.

Personally I'd prefer an overly indebted company to pay off more debt than do a buyback as well.

Such isnt "being thick" but perfectly sensible imo.

You also don't entertain this option either!!!
Posted at 07/3/2024 18:39 by loginname
@EssentialInvestor it’s actually more than 8% …

RNS says “the maximum number of ordinary shares which may be purchased by the Company under the Programme is 402,500,000 Shares”

And ITV Investor Relations says “The companies issued share capital is 4,025,409,194”

I make that 9.99% !

Plus of course another 2%( 80 million? ) of shares needed to eventually close the open shorts…
Posted at 05/3/2024 07:57 by netcurtains
Now profit takers have left the building its possible we should see our first non news bounce up......
As new investors come in for the share buybacks....

However also possible this will not happen and investors will wait until after the results to avoid any nasty surprises..

So should be an interesting day...
Posted at 02/3/2024 20:19 by spob
ITV sells stake in US streaming service to BBC Studios in £235mn deal

Broadcaster says it will return cash to investors through share buyback programme


Daniel Thomas in London

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

ITV has sold its 50 per cent stake in BritBox International, a subscription streaming service that broadcasts shows such as Death in Paradise in the US, to BBC Studios for £235mn.

Shares in the broadcaster rose more than 15 per cent in morning trading on Friday after the company said it would return the net proceeds of the deal to investors through a share buyback after its full-year results, which would be released next week.

The deal comes as ITV faces fresh pressure on its balance sheet from a steep decline in advertising revenues from its traditional TV broadcast channels. The company is trying to replace those revenues with a shift into advertiser-funded streaming services through smart TVs and online, as well as expanding its global studios division.

Next week, ITV is expected to flag fresh cost-cutting initiatives as the British broadcaster adjusts to a double digit decline in traditional advertising revenues.

The broadcaster has already frozen hiring and clamped down on expenses to keep costs lower. ITV is expected to reveal a fall in advertising revenues of about 13 per cent for its traditional “linear” channels at its full-year results, according to analysts at Citi, although stronger sales for digital advertising should reduce this to about 8 per cent overall.

The UK broadcaster is also expected to show a better start to the year, however, with analysts forecasting that the rest of the year could also see some recovery around key events such as the Uefa Euro football tournament.

ITV’s chief executive Carolyn McCall said on Friday that the BBC deal showed the company was “focused on its core strategic goals”.

BBC Studios, the commercial arm of Britain’s national broadcaster, is increasing investment in new productions and services. Tom Fussell, the head of BBC Studios, said the BritBox deal was an “important acquisition for us”.

He added: “We are taking full ownership of a successful, growing service we know well and that fits with our stated ambition to double the size of our business.”

ITV Studios will be paid for the use of its programmes on BritBox International under a new licensing agreement. The broadcaster said the deal was for a cash sum of £255mn, providing net proceeds of about £235mn.

BritBox International streams British entertainment shows to eight countries: the US, Canada, Australia, South Africa, Denmark, Finland, Norway and Sweden. BritBox UK is unaffected and will still feature BBC content.

Fussell described the Britbox service, which is increasingly popular in the US, as featuring shows that have a “lot of murders in British villages”.

BBC Studios also owns channels in the UK such as UKTV, which had about a tenth of the linear advertising market last year across the Dave, Gold, Alibi and Yesterday channels.
Posted at 18/2/2024 19:46 by institutional investments
ITV for any serious investors. This new thread is for serious investors...no trolls, bores or idiots! ITV at 132.65p

....

Yet another thread designed to deny us our rights
Posted at 17/2/2024 11:49 by marksp2011
From X quoting the FT

Liberty Global is pressing on with restructuring the telecoms empire assembled by its chair and so-called “cable cowboy” John Malone as the group struggles to revive its languishing share price.

The group, whose headquarters are split between London, Denver and Amsterdam, has been slimming down in recent years but said on Friday it was accelerating a shake-up of its subsidiaries as it attempts to create more value for shareholders.

Chief executive Mike Fries said action needed to be taken as the group’s shares continued to trade at what he described as a “significant” discount. “You have to be willing to pivot,” he told the Financial Times.

Liberty Global intends to list its Swiss telecoms business Sunrise later this year, which it acquired for $7.4bn less than four years ago, with shares allocated to Liberty Global investors. Fries said this would put “value in their hands” but added it was too early to provide details on pricing.

It will create a holding company for its Belgium unit Telenet and its stake in VodafoneZiggo, a joint venture in the Netherlands, as a precursor to a potential listing and to help it raise further capital.

The group will also restructure its fixed network of Virgin Media O2 to help it compete with rivals in the race to roll out high-speed broadband across the UK.

Virgin Media O2, which is jointly co-owned by Liberty Global and Spain’s Telefónica, is in the process of upgrading its entire fixed network to full fibre and is also a supplier for nexfibre, a joint venture with InfraVia Capital Partners. The companies have reached more than 4mn homes, in comparison to incumbent BT’s Openreach, which has reached 13mn.

Fries said a new “NetCo” could be spun off or merged but that the initial focus would be on the network upgrade and potential acquisitions of alternative network providers or “altnets”;. He declined to comment on its acquisition pipeline but in November said the company was looking at “another six or seven” altnets in the M&A market.

It was also announced on Friday that Liberty Global and Warner Bros Discovery had sold All3Media — the London-based television and film production company behind Fleabag and Squid Game: The Challenge — to RedBird IMI for £1.15bn.

Liberty Global amassed an international telecoms empire through a series of deals over the past 15 years but has pulled back in several markets, going from operating in 12 in 2017 to five today, to refocus on more profitable countries.

Disposals included the sale of its assets in Germany, Czech Republic, Hungary and Romania to Vodafone for €18.4bn in 2019 and spinning out its Latin American business in 2018.

Despite this, its share price has fallen a fifth over the past five years. Karen Egan, a senior telecoms analyst at Enders Analysis, said Liberty Global had been “very wily” investors in the past but there was “less coherence” to its current investments.

“Given that uncertainty about the value they are adding, it is somewhat inevitable that the shares would trade at a discount,” she added. “There’s a whole lot of complexity in their holdings, including debt at the company level and cash at the parent level, and investors will apply a discount when it requires them to put a whole lot of effort in to understand the whole.”

Fries added Liberty Global had taken the opportunity to repurchase 60 per cent of its shares outstanding at “attractive prices” since 2017.

“We are taking it private very slowly,” he said, referring to the scale of the buybacks but speaking slightly tongue-in-cheek. A spokesman for Liberty Global said this should not taken as a signal that the company would be taken private. The company plans to buy back up to 10 per cent of its shares this year.

News of the restructuring came shortly after Liberty Global reported its annual results. It swung to a loss from continuing operations of $3.9bn in 2023 compared with earnings of $1.1bn in 2022. Its principal amount of debt and finance leases at the end of 2023 was $15.9bn, up from $13.8bn in 2022.
Posted at 12/2/2024 15:45 by huckers
RNS Silchester International Investors now holds 5.0% of ITV.

Who are they? From their website: "Silchester was formed in 1994 to specialise in international equity investment, primarily on behalf of institutional investors."

FT article on them dated from 2018 though.

www.ft.com/content/e7eabcf5-5032-3567-a9d9-f6a723d60358

From this article: "While clients seem content, SII has built a reputation as a rigorous shareholder, putting companies under the microscope and asking tough questions. The fund house seeks value stocks, holding about 100 to 150 companies at any one time, and invests internationally, excluding the US. It takes chunky stakes of up to a fifth of a company’s shares and is an active owner: it voted against management at about half of all annual meetings in which it participated in 2017, according to its stewardship code.

An investment analyst who did not want to be named said: “They are a very long-term investor. They don’t buy and sell on the news".

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