Rolls-Royce Plans Major Stock Buyback, Raises Mid-Term Goals

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 UK-based manufacturer capitalizes on soaring demand for large aircraft engines and the power systems that drive data centers.

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