Rolls-Royce Plans Major Stock Buyback, Raises Mid-Term Goals
Rolls-Royce Holdings Plc said it will buy back between £7 billion to £9 billion in company stock over the next two years and raised its mid-term earnings targets as the...
By Leen Al-Rashdan · Bloomberg Markets
Rolls-Royce Holdings Plc said it will buy back between £7 billion to £9 billion in company stock over the next two years and raised its mid-term earnings targets as the UK-based manufacturer capitalizes on soaring demand for large aircraft engines and the power systems that drive data centers.