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Intertek ( (GB:ITRK) ) has issued an announcement.
Intertek Group PLC, a leading provider of quality assurance services, announced the purchase of 64,860 of its ordinary shares as part of its ongoing Share Buyback Programme. The shares were bought at a volume-weighted average price of 4,726.1592 pence per share, with the company planning to cancel the purchased shares. This move, following the authority granted at the 2025 Annual General Meeting, leaves Intertek with 156,189,812 ordinary shares in issue, impacting the total voting rights and potentially affecting shareholder interests.
The most recent analyst rating on (GB:ITRK) stock is a Buy with a £5418.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.
Spark’s Take on GB:ITRK Stock
According to Spark, TipRanks’ AI Analyst, GB:ITRK is a Outperform.
Intertek’s overall stock score is driven by its strong financial performance and positive earnings call, which highlight robust growth and strategic initiatives like a share buyback program. While technical analysis presents mixed signals, the company’s fair valuation and attractive dividend yield support its investment appeal.
To see Spark’s full report on GB:ITRK stock, click here.
More about Intertek
Average Trading Volume: 411,246
Technical Sentiment Signal: Strong Buy
Current Market Cap: £7.42B
See more data about ITRK stock on TipRanks’ Stock Analysis page.