Rotork (ROR) (GB:ROR) has released an update.
Rotork plc, a major player in the industrial flow control market, has executed a significant share buyback on 18 April 2024, purchasing 97,674 ordinary shares to be cancelled, as authorized by shareholders at the previous AGM. This move comes as part of an ongoing share buyback programme announced earlier in March. The company has purchased over 2 million shares since the programme’s inception, with no shares held in treasury, underscoring a strategy to enhance shareholder value.
For further insights into GB:ROR stock, check out TipRanks’ Stock Analysis page.