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IN BRIEF: Rotork launches £10m fifth tranche of buyback programme

ALN

Rotork PLC - Bath, England-based provider of flow control solutions for the oil and gas, water and power, and chemical industries - Begins fifth tranche of £50 million share buyback programme after completing the fourth tranche on September 12. The new tranche, worth up to £10 million, will run until October 31 under an agreement with JP Morgan Securities. Shares repurchased will be cancelled.

Current stock price: 345.40 pence

12-month change: up 4.9%

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