Intertek ( (GB:ITRK) ) just unveiled an announcement.
Intertek has announced the commencement of a share buyback programme, aiming to purchase ordinary shares worth up to £350 million to reduce the company’s capital. The programme, managed by J.P. Morgan Securities plc, will run from 24 March 2025 to 31 December 2025, allowing transactions in shares to manage market exposure, in line with UKLA Listing Rules and shareholder authority.
More about Intertek
Intertek is a leading Total Quality Assurance provider, offering Assurance, Testing, Inspection, and Certification solutions through a network of over 1,000 laboratories and offices in more than 100 countries. The company focuses on delivering quality, safety, and sustainability solutions to ensure well-functioning supply chains for its clients.
YTD Price Performance: 3.51%
Average Trading Volume: 469,051
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.88B
For detailed information about ITRK stock, go to TipRanks’ Stock Analysis page.