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Rotork Advances Share Buyback Plan

Rotork Advances Share Buyback Plan

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

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Rotork plc has executed a share buyback program, purchasing 108,533 ordinary shares with the intent to cancel them, as part of a strategy announced earlier in March 2024. This move follows the company’s acquisition of nearly 7 million of its own shares since the program’s inception, and it will result in a new total of 854,366,610 outstanding shares. The transactions were made through Morgan Stanley & Co. International Plc on the London Stock Exchange, with prices per share ranging from 342.60 to 348.20 pence.

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

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