An update from Intertek ( (GB:ITRK) ) is now available.
Intertek Group PLC, a company involved in quality assurance services, has announced the purchase of 46,971 of its ordinary shares as part of a share buyback program. The shares were bought at a volume-weighted average price of 5,015.5638 pence per share, and the company plans to cancel these shares. This transaction is part of a larger initiative to repurchase up to £350 million worth of shares, reflecting the company’s strategy to optimize its capital structure and enhance shareholder value.
More about Intertek
YTD Price Performance: 6.18%
Average Trading Volume: 486,637
Technical Sentiment Signal: Strong Sell
Current Market Cap: £8.07B
For an in-depth examination of ITRK stock, go to TipRanks’ Stock Analysis page.