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Intertek Group plc (GB:ITRK)
:ITRK

Intertek (ITRK) AI Stock Analysis

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Intertek

(LSE:ITRK)

Rating:81Outperform
Price Target:
5,486.00p
▲(15.69%Upside)
Intertek's overall score reflects strong financial performance and positive earnings call results, bolstered by strategic corporate actions such as share buybacks. Technical indicators and valuation present moderate concerns, but the company's robust cash flow and growth initiatives provide a positive outlook.

Intertek (ITRK) vs. iShares MSCI United Kingdom ETF (EWC)

Intertek Business Overview & Revenue Model

Company DescriptionIntertek Group plc provides quality assurance solutions to various industries in the United Kingdom, the United States, and internationally. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification. This segment serves a range of industries, including textiles, footwear, toys, hardlines, home appliances, consumer electronics, information and communication technology, automotive, aerospace, lighting, building products, industrial and renewable energy products, food and hospitality, healthcare and beauty, and pharmaceuticals. The Trade segment provides cargo inspection, analytical assessment, calibration, and related research and technical services to the petroleum and biofuels industries; inspection services to governments and regulatory bodies to support trade activities; and analytical and testing services to agricultural trading companies and growers. The Resources segment offers technical inspection, asset integrity management, analytical testing, and ongoing training services for the oil, gas, nuclear, and power industries. This segment also provides a range of ATIC service solutions to the mining and minerals exploration industries covering the resource supply chain from exploration and resource development, through to production, shipping, and commercial settlement. The company also offers cyber security services. Intertek Group plc was founded in 1885 and is based in London, the United Kingdom.
How the Company Makes MoneyIntertek makes money primarily through its broad portfolio of services that cater to different industries. The company's revenue model is based on providing testing, inspection, and certification services which are critical for companies to comply with regulatory standards and improve the quality of their products. Key revenue streams include fees charged for laboratory testing, field inspections, product certification, and auditing services. Intertek partners with manufacturers, retailers, governments, and non-governmental organizations to deliver these services, positioning itself as an essential intermediary that helps clients enhance their product quality and operational efficiency while ensuring compliance with international standards.

Intertek Earnings Call Summary

Earnings Call Date:Mar 04, 2025
(Q4-2024)
|
% Change Since: -6.01%|
Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment Positive
The earnings call highlighted strong financial performance with significant revenue and profit growth, record cash flow, and a substantial dividend increase. The company also announced a share buyback program, indicating confidence in its future prospects. However, there were challenges in the Industry and Infrastructure segment, particularly in building construction. Overall, the positive elements outweigh the negatives.
Q4-2024 Updates
Positive Updates
Strong Financial Performance
Intertek delivered a strong financial performance in 2024, with total revenue of 3.4 billion pounds, up 6.6% at constant currency and 1.9% at actual rates. Operating profit increased by 13% at constant rates, and the operating margin was 17.4%, up by 100 basis points year-on-year.
Record Cash Flow and Dividend Increase
Intertek achieved record adjusted cash flow from operations of 789 million pounds and announced a 40.1% increase in the full-year dividend to 156.5 p.
Share Buyback Program
Intertek announced an initial share buyback program of 350 million pounds, to be completed during the current financial year.
Geographic Revenue Growth
Revenue growth was broad-based across geographies with the Americas, EMEA, and APAC growing by 5.9%, 7.5%, and 6.7% respectively at constant currency.
China Market Performance
Intertek's business in China delivered robust like-for-like revenue growth of 6.7% in 2024, with growth accelerating to 7.7% in the second half.
Negative Updates
Lower Margin in Industry and Infrastructure
Industry and Infrastructure's operating profit was down 2% with a margin of 9.6%, 40 basis points lower than last year, affected by a lower margin in building construction.
Challenges in Building Construction
The building construction segment experienced low-single digit negative like-for-like revenue growth due to a temporary slowdown of large projects and severe weather conditions in North America.
Company Guidance
In the 2024 fiscal year, Intertek delivered a strong financial performance, surpassing market expectations with several key metrics. Like-for-like revenue growth was consistent at mid-single digits for the fourth consecutive year, with an increase of 6.3% at constant currency. The operating margin improved by 100 basis points year-on-year, reaching 17.4%. Earnings per share (EPS) grew by 15.2% at constant currency, and return on invested capital (ROIC) was outstanding at 22.4%, up 250 basis points from the previous year. Intertek achieved a record adjusted cash flow of £789 million and a free cash flow of £409 million, marking an 8% year-on-year increase. The company's net debt-to-EBITDA ratio improved to 0.7 times, and dividends to shareholders rose by 40.1%. Looking ahead, Intertek announced an initial share buyback program of £350 million and set a new medium-term margin target of 18.5% plus, reflecting their confidence in robust financial performance for 2025.

Intertek Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
3.36B3.33B3.19B2.79B2.74B2.99B
Gross Profit
555.90M1.91B484.90M445.40M399.40M494.20M
EBIT
555.90M486.20M484.90M445.40M399.40M494.20M
EBITDA
713.90M678.00M677.90M626.90M601.50M683.40M
Net Income Common Stockholders
308.70M297.40M288.80M288.10M247.30M313.10M
Balance SheetCash, Cash Equivalents and Short-Term Investments
206.90M299.30M321.60M265.90M203.90M227.40M
Total Assets
2.63B3.54B3.66B3.25B2.62B2.82B
Total Debt
985.10M1.22B1.38B1.29B848.00M1.10B
Net Debt
778.20M918.40M1.06B1.03B644.10M875.40M
Total Liabilities
1.73B2.18B2.34B2.14B1.61B1.83B
Stockholders Equity
874.00M1.32B1.28B1.08B975.00M955.90M
Cash FlowFree Cash Flow
432.30M418.10M445.60M454.60M480.10M447.20M
Operating Cash Flow
553.40M535.00M562.10M551.70M559.90M564.00M
Investing Cash Flow
-153.20M-145.10M-175.50M-587.90M-72.70M-134.90M
Financing Cash Flow
-257.40M-376.20M-334.90M122.80M-508.90M-398.00M

Intertek Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price4742.00
Price Trends
50DMA
4622.65
Positive
100DMA
4799.11
Negative
200DMA
4758.91
Negative
Market Momentum
MACD
33.30
Positive
RSI
53.32
Neutral
STOCH
37.32
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ITRK, the sentiment is Neutral. The current price of 4742 is below the 20-day moving average (MA) of 4765.30, above the 50-day MA of 4622.65, and below the 200-day MA of 4758.91, indicating a neutral trend. The MACD of 33.30 indicates Positive momentum. The RSI at 53.32 is Neutral, neither overbought nor oversold. The STOCH value of 37.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:ITRK.

Intertek Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
£7.53B22.1625.35%3.29%1.94%16.26%
GBJSG
78
Outperform
£584.67M16.6512.12%2.80%10.34%33.59%
GBMTO
77
Outperform
£1.69B16.9223.48%3.10%15.25%25.57%
GBSRP
72
Outperform
£1.93B45.734.71%2.18%-0.68%-78.93%
GBRST
68
Neutral
£362.85M27.905.32%2.10%-0.65%
GBRTO
67
Neutral
£8.80B28.747.38%2.60%1.13%-19.48%
66
Neutral
$4.48B12.265.32%248.53%4.10%-12.36%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ITRK
Intertek
4,742.00
50.74
1.08%
GB:JSG
Johnson Service
143.60
-14.04
-8.91%
GB:MTO
Mitie Group plc
136.20
21.55
18.80%
GB:RTO
Rentokil Initial
350.60
-49.13
-12.29%
GB:RST
Restore
249.00
-13.02
-4.97%
GB:SRP
Serco Group plc
192.00
23.35
13.85%

Intertek Corporate Events

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
Jun 6, 2025

Intertek Group PLC announced the purchase of 207,217 of its ordinary shares as part of its Share Buyback Programme, which was initiated to repurchase up to £350 million worth of shares. This move, executed through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and market confidence.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £58.50 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 5, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 3,973 of its ordinary shares as part of its ongoing Share Buyback Programme. This initiative, which aims to repurchase up to £350 million of ordinary shares, reflects the company’s strategy to enhance shareholder value and optimize its capital structure. Following this transaction, Intertek has no shares held in treasury, with a total of 158,860,824 ordinary shares in issue, impacting the total voting rights and potentially influencing shareholder interests.

The most recent analyst rating on (GB:ITRK) stock is a Buy with a £57.40 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Executive/Board Changes
Intertek CFO Granted Share Rights Under Long Term Incentive Plan
Neutral
Jun 4, 2025

Intertek Group PLC announced that its Chief Financial Officer, Colm Deasy, has been granted rights to acquire 10,721 ordinary shares under the company’s 2021 Long Term Incentive Plan. These shares are set to vest in three years, contingent on performance targets and continued employment, reflecting the company’s commitment to aligning executive incentives with long-term performance goals.

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.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 4, 2025

Intertek Group PLC has executed a share buyback program, purchasing 11,030 of its ordinary shares at prices ranging from 4,724 to 4,732 pence per share. This move is part of a larger initiative to repurchase up to £350 million worth of shares, with a total of 2,528,330 shares bought so far for £118,428,558.09. The repurchased shares will be canceled, impacting the company’s total voting rights and potentially enhancing shareholder value.

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.

Stock Buyback
Intertek Executes Share Buyback to Optimize Capital Structure
Positive
Jun 3, 2025

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.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Neutral
Jun 2, 2025

Intertek Group PLC has executed a share buyback, purchasing 110,227 ordinary shares at prices ranging from 4,756.0000 to 4,798.0000 pence per share, as part of its ongoing £350 million Share Buyback Programme. This transaction, which aligns with shareholder authority, results in the cancellation of the purchased shares, maintaining the total voting rights at 158,972,043, potentially impacting shareholder interests and the company’s market position.

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.

Regulatory Filings and Compliance
Intertek Announces Total Voting Rights and Share Capital Details
Neutral
May 30, 2025

Intertek Group PLC has announced that it has 159,082,270 ordinary shares in circulation, all of which have voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

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.

Stock BuybackBusiness Operations and Strategy
Intertek Enhances Shareholder Value with Strategic Buyback
Positive
May 30, 2025

Intertek Group PLC announced the purchase of 178,683 of its ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of shares. This move, conducted through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening its market position.

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.

Stock BuybackBusiness Operations and Strategy
Intertek Enhances Shareholder Value with Strategic Buyback
Positive
May 29, 2025

Intertek Group PLC has repurchased 166,430 of its ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of shares. This move, executed through J.P. Morgan Securities plc, is intended to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this transaction, Intertek holds no shares in treasury, with a total of 159,260,953 shares in issue. This strategic financial maneuver is expected to strengthen the company’s market position and provide a positive signal to investors.

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.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
May 28, 2025

Intertek Group PLC announced the purchase of 15,617 ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million worth of shares. This transaction, executed through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this transaction, the total voting rights in the company stand at 159,427,383, providing stakeholders with updated figures for interest notifications under regulatory guidelines.

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.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
May 28, 2025

Intertek Group PLC has executed a share buyback, purchasing 15,617 of its ordinary shares as part of a larger program to repurchase up to £350 million worth of shares. This move, conducted through J.P. Morgan Securities, is part of a strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and improving market perception.

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.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchase
Positive
May 27, 2025

Intertek Group PLC has announced the purchase of 158,736 of its ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million worth of shares. This transaction, conducted through J.P. Morgan Securities plc, aligns with the authority granted by shareholders and reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share.

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.

Executive/Board Changes
Intertek Announces Immediate Changes to Board Committees
Neutral
May 23, 2025

Intertek Group plc has announced immediate changes to its Board Committees following recent Director appointments. The Remuneration Committee will continue under the chairmanship of Graham Allan, with members including Gurnek Bains, Tamara Ingram, Kawal Preet, and Robin Freestone. The Audit Committee remains chaired by Jean-Michel Valette, with members Jez Maiden, Apurvi Sheth, Hilde Aasheim, and Steve Mogford. The Nomination Committee’s membership remains unchanged. These changes reflect Intertek’s ongoing commitment to maintaining robust governance structures.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £52.50 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Advances Share Buyback Programme with Recent Purchase
Neutral
May 23, 2025

Intertek Group PLC, a company engaged in quality assurance services, announced the purchase of 167,735 of its ordinary shares as part of its ongoing Share Buyback Programme. This transaction, conducted through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £350 million of shares, with the company having already acquired 1,791,391 shares for a total of £83,241,614.51. The purchased shares will be canceled, affecting the total voting rights and share count, which now stands at 159,601,736 shares in issue.

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.

Shareholder MeetingsDividendsBusiness Operations and Strategy
Intertek Group PLC Announces Successful AGM with All Resolutions Passed
Positive
May 22, 2025

Intertek Group PLC held its Annual General Meeting where all proposed resolutions were successfully passed by the shareholders. Key resolutions included the approval of the Directors’ Remuneration report, the payment of a final dividend, and the election and re-election of several directors. This outcome reflects strong shareholder support and positions Intertek for continued stability and growth, potentially impacting its strategic direction and stakeholder confidence positively.

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.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Intertek Reports Strong Start to 2025 with Robust Revenue Growth
Positive
May 22, 2025

Intertek has reported a strong start to 2025, with a 4.5% like-for-like revenue growth at constant currency, driven by robust performances in its higher margin divisions such as Consumer Products and Corporate Assurance. The company has initiated a £350 million share buyback program and expects continued growth, supported by its strategic investments and market-leading ATIC solutions, which are increasingly in demand due to global trade changes and heightened focus on quality and sustainability.

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.

Executive/Board ChangesShareholder Meetings
Intertek Withdraws Directors’ Remuneration Policy Proposal
Neutral
May 20, 2025

Intertek Group PLC has decided to withdraw a proposal for a new Directors’ Remuneration Policy from its upcoming Annual General Meeting agenda after consulting with investors and advisors. The company will continue with the existing policy, maintaining stability in its governance approach, and the withdrawal does not impact other resolutions or arrangements for the AGM.

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.

M&A TransactionsBusiness Operations and Strategy
Intertek Expands into Brazil with TESIS Acquisition
Positive
May 6, 2025

Intertek has announced its acquisition of TESIS, a leading building products testing company based in São Paulo, Brazil, as part of its strategy to expand its Building & Construction Total Quality Assurance business into Brazil’s growing construction industry. This move is driven by increasing demand for building products testing services due to new legislation and government-backed programs in Brazil, and it positions Intertek to capitalize on high-growth opportunities in a market valued at $120 billion, expected to grow at 4.8% annually until 2033.

Product-Related AnnouncementsBusiness Operations and Strategy
Intertek Unveils SupplyTek: A New Era in Global Market Access Solutions
Positive
May 2, 2025

Intertek has launched SupplyTek, the world’s first comprehensive end-to-end global market access solution, designed to help companies navigate the complexities of supply chain re-engineering amidst tariff uncertainties and evolving trade policies. SupplyTek leverages Intertek’s expertise in Consulting, Training, and Assurance to enable faster market access while maintaining quality, safety, and sustainability standards, thus turning supply chain risks into competitive advantages for businesses across various sectors.

Regulatory Filings and Compliance
Intertek Announces Total Voting Rights and Capital Update
Neutral
May 1, 2025

Intertek Group PLC has announced that as of April 30, 2025, it has 159,769,471 ordinary shares with voting rights admitted to trading. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules, highlighting Intertek’s commitment to transparency and regulatory compliance.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 30, 2025

Intertek Group PLC has executed a share buyback, acquiring 114,779 of its ordinary shares as part of its ongoing Share Buyback Programme initiated in March 2025. This move, conducted through J.P. Morgan Securities plc, aligns with the authority granted by shareholders and aims to cancel the purchased shares, thereby potentially enhancing shareholder value and optimizing the capital structure. Following this transaction, Intertek has no shares held in treasury, with 159,769,471 shares remaining in issue, impacting the total voting rights and shareholder notifications under FCA rules.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
Apr 29, 2025

Intertek Group PLC has announced the purchase of 7,490 of its ordinary shares as part of its ongoing Share Buyback Programme, initiated to repurchase up to £350 million of shares. This transaction, executed through J.P. Morgan Securities plc, reflects Intertek’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Share Purchase
Positive
Apr 25, 2025

Intertek Group PLC, a company involved in quality assurance services, announced the purchase of 16,959 of its ordinary shares as part of its ongoing Share Buyback Programme. This transaction, executed through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £350 million of shares, reflecting the company’s strategy to enhance shareholder value. The purchased shares will be canceled, impacting the total voting rights and share count, which now stands at 159,891,740.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 23, 2025

Intertek Group PLC, a company involved in testing, inspection, and certification services, has announced a significant transaction involving the repurchase of its ordinary shares. The company has bought back 51,526 shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of ordinary shares. This move is expected to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this transaction, Intertek has no shares held in treasury, and the total voting rights stand at 159,908,699.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 22, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 34,252 of its ordinary shares as part of a previously announced program to repurchase up to £350 million worth of shares. This move, conducted through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening its market position.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Positive
Apr 17, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 126,142 of its ordinary shares at a volume-weighted average price of 4,516.1390 pence per share. This transaction is part of the company’s broader Share Buyback Programme, which aims to repurchase up to £350 million of shares, enhancing shareholder value by reducing the number of shares in circulation and potentially increasing earnings per share.

Other
Intertek Director Acquires Shares, Signaling Confidence in Company
Positive
Apr 16, 2025

Intertek Group PLC announced that Robin Freestone, a Non-Executive Director and Person Discharging Managerial Responsibilities (PDMR), acquired a total of 4,410 ordinary shares in the company on April 15 and 16, 2025. This transaction, conducted on the London Stock Exchange, reflects the director’s confidence in the company’s prospects and may positively influence stakeholder perception and market positioning.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchase
Positive
Apr 16, 2025

Intertek Group PLC has announced the purchase of 35,321 of its ordinary shares as part of its ongoing Share Buyback Programme, which was initially announced on 24 March 2025. The shares were acquired at a volume-weighted average price of 4,534.5494 pence per share. This transaction is part of a larger initiative to repurchase up to £350 million worth of shares, with the company having already purchased 1,272,508 shares for a total of £59,383,937.70. The purchased shares will be canceled, impacting the total voting rights and share capital structure, which now stands at 160,120,619 ordinary shares in issue. This strategic move is likely to enhance shareholder value and optimize the company’s capital structure.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Program
Positive
Apr 14, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 78,245 of its ordinary shares at an average price of 4,358.6503 pence per share. This move is part of a broader £350 million share buyback program initiated on 24 March 2025, aimed at optimizing the company’s capital structure by reducing the number of shares in circulation, thereby potentially increasing shareholder value. Following this transaction, Intertek has no shares held in treasury, with a total of 160,155,940 shares in issue, which will affect the total voting rights available to shareholders.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 10, 2025

Intertek Group PLC has executed a share buyback, purchasing 120,481 of its ordinary shares at a volume-weighted average price of 4,129.5476 pence per share. This transaction is part of a larger buyback program valued at up to £350 million, which aims to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Neutral
Apr 9, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 65 of its ordinary shares at a price of 4,176 pence each, as part of its ongoing Share Buyback Programme initiated on 24 March 2025. This transaction is part of a broader plan to repurchase up to £350 million of shares, with the company having already acquired 1,038,461 shares for a total of £49,396,543.33. The cancellation of these shares will adjust the total voting rights to 160,354,666, impacting shareholder calculations under the FCA’s rules.

Stock Buyback
Intertek Completes Share Buyback as Part of £350 Million Programme
Neutral
Apr 8, 2025

Intertek Group PLC, a company involved in quality assurance services, has completed a share buyback transaction, purchasing 226,703 of its ordinary shares through J.P. Morgan Securities plc. This action is part of a larger Share Buyback Programme announced in March 2025, aiming to repurchase up to £350 million of shares. The purchased shares will be canceled, reducing the total number of shares in issue to 160,354,731, which affects the total voting rights and could impact shareholder interests.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 7, 2025

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.

Stock Buyback
Intertek Advances Share Buyback Programme with Recent Share Purchase
Positive
Apr 4, 2025

Intertek Group PLC announced the purchase of 146,320 of its own ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of shares. This transaction, executed through J.P. Morgan Securities plc, is in line with shareholder authority and will result in the cancellation of the purchased shares, impacting the company’s total voting rights and potentially enhancing shareholder value.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 3, 2025

Intertek Group PLC has executed a share buyback program, purchasing 89,549 ordinary shares at prices ranging from 4,930 to 5,030 pence per share. This transaction is part of a broader initiative to repurchase up to £350 million worth of shares, enhancing shareholder value and optimizing the company’s capital structure. The purchased shares will be canceled, affecting the total voting rights and share capital structure, which may influence shareholder notifications under regulatory guidelines.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback as Part of £350 Million Programme
Neutral
Apr 2, 2025

Intertek Group PLC, a company engaged in quality assurance services, has executed a share buyback transaction as part of its ongoing Share Buyback Programme. On April 1, 2025, the company repurchased 61,238 of its ordinary shares at a volume-weighted average price of 5,035.4317 pence per share. This move is part of a larger initiative to buy back up to £350 million worth of shares, as announced on March 24, 2025. The purchased shares will be canceled, and the total voting rights in the company will now be 160,975,471. This strategic financial maneuver is likely to impact the company’s market positioning and shareholder value.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 1, 2025

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.

Executive/Board Changes
Intertek Announces Board Change as Lynda Clarizio Steps Down
Neutral
Apr 1, 2025

Intertek announced a change in its Board of Directors, with Lynda Clarizio stepping down effective March 31, 2025. This change is part of the company’s ongoing governance adjustments, and Clarizio will receive her normal director fee up to the termination date, with no additional payment for loss of office.

Regulatory Filings and Compliance
Intertek Announces Total Voting Rights and Capital
Neutral
Mar 31, 2025

Intertek Group PLC has announced that it has 161,083,680 ordinary shares in circulation, all of which carry voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules, highlighting transparency and regulatory compliance in the company’s operations.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 31, 2025

Intertek Group PLC has executed a share buyback program, purchasing 50,661 ordinary shares at an average price of 4,977.5281 pence per share, with the intention to cancel these shares. This move is part of a broader initiative to repurchase up to £350 million of shares, enhancing shareholder value and optimizing the company’s capital structure.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 28, 2025

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.

Stock BuybackBusiness Operations and Strategy
Intertek Group Advances Share Buyback Programme
Positive
Mar 27, 2025

Intertek Group PLC, a company involved in quality assurance services, has announced the purchase of 65,970 of its ordinary shares as part of its Share Buyback Programme. This move is part of a larger initiative to repurchase up to £350 million of shares, with the recent transactions amounting to a total consideration of £9,532,023.77. The purchased shares will be canceled, impacting the total voting rights and share count, which now stands at 161,200,920 shares in issue. This strategic financial maneuver is expected to enhance shareholder value and optimize the company’s capital structure.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchases
Positive
Mar 26, 2025

Intertek Group PLC, a leading provider of quality assurance services, has announced the purchase of 65,472 of its ordinary shares as part of its Share Buyback Programme, which was initiated on March 24, 2025. This move is part of a broader strategy to repurchase up to £350 million worth of shares, with the company having already acquired 126,237 shares for a total of £6,257,521.28. The purchased shares will be canceled, impacting the total voting rights and share distribution, thereby potentially enhancing shareholder value.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 25, 2025

Intertek Group PLC announced the purchase of 60,765 of its ordinary shares as part of a share buyback program, with plans to cancel these shares. This move, executed through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £350 million worth of shares, potentially enhancing shareholder value and optimizing the company’s capital structure.

Stock Buyback
Intertek Initiates £350 Million Share Buyback Programme
Neutral
Mar 24, 2025

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.

Shareholder MeetingsFinancial DisclosuresRegulatory Filings and Compliance
Intertek Releases 2024 Annual Report and Announces 2025 AGM
Neutral
Mar 21, 2025

Intertek Group PLC has published its 2024 Annual Report and Accounts, along with the notice for the 2025 Annual General Meeting. These documents have been made available to shareholders and submitted to the UK Listing Authority. The upcoming Annual General Meeting is scheduled for May 22, 2025, in London. This announcement is part of Intertek’s ongoing commitment to transparency and stakeholder engagement, reinforcing its position as a leader in quality assurance services.

Other
Intertek Directors Increase Shareholdings in Company
Positive
Mar 14, 2025

Intertek Group PLC announced the purchase of ordinary shares by its Non-Executive Directors as part of the company’s fee structure. This transaction, conducted on the London Stock Exchange, reflects the directors’ continued investment in the company, potentially signaling confidence in Intertek’s market position and future performance.

Executive/Board Changes
Intertek Grants Share Acquisition Rights to Key Executives
Neutral
Mar 14, 2025

Intertek Group PLC announced that its CEO, André Lacroix, and CFO, Colm Deasy, have been granted rights to acquire shares under the company’s 2021 Long Term Incentive Plan. This move, which aligns with the company’s remuneration policy, is designed to incentivize and retain key executives by tying their compensation to the company’s performance. The awards are set to vest in three years, contingent on continued employment and performance targets, reflecting Intertek’s commitment to aligning executive interests with shareholder value.

Executive/Board ChangesBusiness Operations and Strategy
Intertek CEO Increases Shareholding Following Incentive Plan Vesting
Positive
Mar 13, 2025

Intertek Group PLC announced that CEO André Lacroix acquired 44,540 ordinary shares following the vesting of share awards under the 2021 Long Term Incentive Plan, after settling tax and NI liabilities. This transaction, representing a 0.02760% acquisition of the issued class, signifies a modest increase in Lacroix’s total shareholding to 0.35359%, potentially reflecting confidence in the company’s strategic direction.

Executive/Board ChangesBusiness Operations and Strategy
Intertek Appoints New Non-Executive Directors to Strengthen Strategic Capabilities
Neutral
Mar 12, 2025

Intertek Group plc has announced the appointment of Hilde Merete Aasheim and Robin Freestone as Non-Executive Directors, effective April 1, 2025. These appointments are expected to enhance Intertek’s strategic capabilities, with both individuals bringing extensive leadership experience from various global industries. Lynda Clarizio will step down from her role as a Non-Executive Director on March 31, 2025. The new directors’ insights are anticipated to play a crucial role in capitalizing on future opportunities, strengthening Intertek’s position in the Total Quality Assurance industry.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.