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ITV shares slide on disappointing viewing figures

Discussion in 'Market News' started by Lily, Mar 2, 2016.

  1. Lily

    Lily Forum Member

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    Broadcaster’s shares among worst performers on FTSE 100 despite 18% rise in pre-tax profit and special dividend boost

    Shares in ITV were among the worst performers on the FTSE 100, despite rising profits, a special dividend and ever-present speculation of buyers waiting in the wings.

    Shareholders were handed a one-off windfall of 10p a share, or £400m overall, on top of the full-year dividend of 6p, itself a 28% increase on last year’s payout.

    Related: ITV axes Jekyll and Hyde after poor viewing figures

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