(Alliance News) - Rolls-Royce Holdings PLC on Tuesday said it will begin a new share buyback programme of up to GBP200 million following the completion of its GBP1 billion 2025 programme last month.
The London-based manufacturer of jet engines and power turbines said the interim, irrevocable and non-discretionary programme will run from January 2 to no later than February 24, ahead of the group's full year results on February 26.
Rolls-Royce said it has entered an agreement with UBS Group AG to undertake the programme.
Shares acquired by UBS under the agreement will be sold on to the company and cancelled.
Rolls-Royce shares were down 1.3% at 1,100.00 pence on Tuesday morning in London.
By Michael Hennessey, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2025 Alliance News Ltd. All Rights Reserved.


(Alliance News) - The FTSE 100 closed lower on Monday amid reports Iran has suspended peace talks with the US.


(Alliance News) - The FTSE 100 closed lower on Thursday with hopes for peace between the US and Iran hanging in the balance as new reports of deal pro...

