An announcement from Intertek ( (GB:ITRK) ) is now available.
Intertek Group PLC has executed a share buyback, purchasing 66,579 of its ordinary shares at an average price of 4,941.9375 pence per share as part of its £350 million Share Buyback Programme. This move, approved by shareholders, aims to cancel the purchased shares, potentially enhancing shareholder value by reducing the number of shares in circulation and increasing earnings per share.
More about Intertek
Intertek Group PLC operates in the quality assurance industry, providing services such as testing, inspection, and certification to various sectors including consumer goods, healthcare, and industrial sectors. The company focuses on ensuring the safety and quality of products and services worldwide.
YTD Price Performance: 4.99%
Average Trading Volume: 476,669
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.98B
See more insights into ITRK stock on TipRanks’ Stock Analysis page.