ITV to hand shareholders £100m after striking Sky deal

ITV has said it will hand £100 million to shareholders following Sky’s £1.6 billion deal to buy the company’s media and entertainment business.

ITV to hand shareholders £100m after striking £1.6bn Sky deal  lbc.co.uk

The news came as ITV reported a boost to advertising revenues from the World Cup.

The news came as ITV reported a boost to advertising revenues from the World Cup.

ITV has announced a £100m share buyback as part of its commitment to return £950m to investors following its blockbuster £1.6bn Sky deal. The broadcaster said the “milestone” merger will “unlock significant value for shareholders,” as it posted a two per cent jump in revenue across the last six months.  Earlier this mo