ITV update doesn’t inspire investors

0 mins. to read
ITV update doesn’t inspire investors
Lenscap Photography /
Master Investor Magazine

Master Investor Magazine 60

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

The price of shares in broadcaster ITV (LON:ITV) dropped by 2.63% to 57.70p (as of 10:55 GMT) as it outlined the steps it is taking to reduce costs and manage cash during the COVID crisis. Management has implemented a salary and hiring freeze as well as a 20% cut in remuneration and no bonuses for the board in 2020.

The company said it would continue to monitor the situation as it develops.

Take part in our poll

We are reviewing our communications and would value your feedback. Ideally, how often would you like to hear from us?

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *