Rolls-Royce Set for £1.5 Billion Investor Windfall

Rolls-Royce Set for £1.5 Billion Investor Windfall

City darling Rolls-Royce is gearing up plans to dish out bumper returns to investors this week as the firm delivers its annual results. The FTSE 100 giant is set to launch a buyback worth as much as £1.5bn, which will come on top of the company’s final dividend as the aircraft engineer looks to reinforce the size of its cashflow. It follows the spectacular turnaround under boss Tufan Erginbilgic, former BP chief, which has seen the company’s val…

Rolls-Royce share price: buyback talk and UltraFan subsidy push set up a big week for RR.L

Rolls-Royce shares closed at 1,336 pence Friday, up 0.9%, after reports the company may announce a buyback of up to £1.5 billion with its results this week. The Financial Times said Rolls-Royce is also seeking UK government backing for a £3 billion engine development project. The company declined to comment on both reports. The post Rolls-Royce share price: buyback talk and UltraFan subsidy push set up a big week for RR.L appeared first on TechS…

Rolls-Royce to unveil £1.5bn share buyback as FTSE 100 giant delivers annual results

Profits at the aerospace firm are expected to hit £3.2bn

Rolls-Royce to return as much as £1.5 billion to shareholders in buyback: report

Rolls-Royce Holdings is expected to announce alongside its annual results this week that it will launch a fresh share buyback worth as much as £1.5 billion (S$2.6 billion), Sky News report...