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Rotork Advances Share Buyback, Cancels Shares
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Rotork Advances Share Buyback, Cancels Shares

Rotork plc (GB:ROR) has released an update.

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Rotork plc has announced the purchase of 100,168 of its own ordinary shares on September 30, 2024, as part of an ongoing share buyback program initiated earlier that year. The acquired shares, bought through transactions on the London Stock Exchange and other platforms, are intended to be cancelled, aligning with the shareholder-approved plan. This move comes as part of a larger effort by Rotork, having purchased over 10 million shares since March 2024, with intentions to reduce the total number of shares in issue.

For further insights into GB:ROR stock, check out TipRanks’ Stock Analysis page.

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