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IN BRIEF: Rotork starts 2nd and 3rd tranches of £50 million buyback

ALN

Rotork PLC - Bath, England-based provider of flow control solutions for the oil and gas, water and power, and chemical industries - Begins on Tuesday the second and third tranches of the £50 million share buyback programme it started in April. The first tranche was worth £10 million and was completed on Friday. The second and third tranches will be worth up to £20 million in total and will be completed by the end of July. All three tranches are being run by JP Morgan Securities.

Current stock price: 311.60 pence

12-month change: down 8.3%

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