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Rolls-Royce Holdings PLC on Tuesday said it will begin a new share buyback programme of up to £200 million following the completion of its £1 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. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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