Intertek Advances Share Buyback Programme with Recent Share Purchases

Intertek ( (GB:ITRK) ) has provided an update.

Intertek Group PLC has announced the purchase of 3,350 of its ordinary shares as part of its ongoing Share Buyback Programme, which was initially announced in March 2025. This move is part of a broader strategy to repurchase up to £350 million of shares, with the company having already acquired 3,612,471 shares for a total of £170,369,495.20. The purchased shares will be canceled, affecting the total voting rights and share count, which now stands at 157,780,656. This action reflects Intertek’s commitment to returning value to shareholders and optimizing its capital structure.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 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 strong financial performance and positive earnings call are the most significant factors contributing to its high score. The stable technical indicators and strategic corporate actions further bolster its market position, although valuation concerns slightly temper the overall outlook.

To see Spark’s full report on GB:ITRK stock, click here.

More about Intertek

Intertek Group PLC operates in the quality assurance industry, providing services such as testing, inspection, and certification to various sectors. The company focuses on ensuring the safety and quality of products and processes across multiple markets.

Average Trading Volume: 661,946

Technical Sentiment Signal: Buy

Current Market Cap: £7.48B

Find detailed analytics on ITRK stock on TipRanks’ Stock Analysis page.