Intertek Executes Share Buyback to Optimize Capital Structure

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

Intertek Group PLC has executed a share buyback program, purchasing 96,216 of its ordinary shares at an average price of 4,746.9177 pence per share, as part of a broader initiative to repurchase up to £350 million worth of shares. This move, approved at the 2025 Annual General Meeting, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, which now stands at 158,875,827.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Spark’s Take on GB:ITRK Stock

According to Spark, TipRanks’ AI Analyst, GB:ITRK is a Outperform.

Intertek receives a strong overall stock score driven primarily by its robust financial performance and positive earnings call results. The strategic share buyback and expansion into new markets further enhance its potential for growth. While the technical indicators and valuation suggest a balanced position, they indicate room for improvement compared to industry benchmarks.

To see Spark’s full report on GB:ITRK stock, click here.

More about Intertek

Intertek Group PLC operates in the quality assurance industry, providing services such as testing, inspection, and certification to a diverse range of sectors including consumer goods, healthcare, and industrial markets.

Average Trading Volume: 638,581

Technical Sentiment Signal: Buy

Current Market Cap: £7.59B

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