Intertek CEO Increases Shareholding Following Incentive Plan Vesting

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Intertek CEO Increases Shareholding Following Incentive Plan Vesting

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

Intertek Group PLC announced that CEO André Lacroix acquired 44,540 ordinary shares following the vesting of share awards under the 2021 Long Term Incentive Plan, after settling tax and NI liabilities. This transaction, representing a 0.02760% acquisition of the issued class, signifies a modest increase in Lacroix’s total shareholding to 0.35359%, potentially reflecting confidence in the company’s strategic direction.

More about Intertek

Intertek Group PLC operates in the quality assurance industry, providing testing, inspection, and certification services to various sectors including consumer goods, healthcare, and industrial markets.

YTD Price Performance: 5.63%

Average Trading Volume: 457,878

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7.99B

For an in-depth examination of ITRK stock, go to TipRanks’ Stock Analysis page.

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