An announcement from Intertek ( (GB:ITRK) ) is now available.
Intertek Group PLC has executed a share buyback transaction, purchasing 158,168 of its ordinary shares as part of its ongoing Share Buyback Programme. This move, which is in line with shareholder authority granted at the 2024 Annual General Meeting, aims to cancel the purchased shares, thereby potentially enhancing shareholder value by reducing the number of shares in circulation. The company has so far repurchased 811,693 shares for a total of £39.6 million since the programme’s announcement on 24 March 2025, reflecting its commitment to returning capital to shareholders.
More about Intertek
Intertek Group PLC operates in the testing, inspection, and certification industry, providing quality assurance services to various sectors including consumer goods, healthcare, and industrial sectors. The company focuses on ensuring product safety and performance, helping businesses comply with regulatory standards.
YTD Price Performance: -3.98%
Average Trading Volume: 514,808
Technical Sentiment Signal: Hold
Current Market Cap: £7.28B
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