LSE:RR.Aerospace & Defense
Rolls-Royce Buyback And Growth Plans Test Rich Share Valuation
Rolls-Royce Holdings announced a multi-year share buyback programme of up to £9b.
The company sharply raised its mid term financial targets alongside the buyback plan.
Rolls-Royce is seeking substantial UK government support for new narrow body aircraft engines and small modular reactors.
For investors watching Rolls-Royce Holdings (LSE:RR.), these moves come after a very large three-year share price gain and a current price of £13.335. The stock is up 11.4% year to date and 81.5% over the...