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Intertek ( (GB:ITRK) ) just unveiled an update.
Intertek Group PLC, a company engaged in quality assurance services, has executed a share buyback transaction as part of its ongoing Share Buyback Programme. On April 1, 2025, the company repurchased 61,238 of its ordinary shares at a volume-weighted average price of 5,035.4317 pence per share. This move is part of a larger initiative to buy back up to £350 million worth of shares, as announced on March 24, 2025. The purchased shares will be canceled, and the total voting rights in the company will now be 160,975,471. This strategic financial maneuver is likely to impact the company’s market positioning and shareholder value.
More about Intertek
YTD Price Performance: 6.70%
Average Trading Volume: 493,091
Technical Sentiment Signal: Strong Sell
Current Market Cap: £8.04B
For an in-depth examination of ITRK stock, go to TipRanks’ Stock Analysis page.
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