Rolls-Royce eyes $2 billion buyback with annual results: Sky News reports – CNBC TV18

Plane engine maker Rolls-Royce Holdings is anticipated to announce plans to return greater than £1 billion to shareholders this week, together with a share buyback of as a lot as £1.5 billion ($2 billion), in keeping with a report by Sky News on Sunday, February 22.

Sky News reported that the capital return might be unveiled on Thursday, February 26, alongside the corporate’s annual outcomes, that are anticipated to indicate report income and underscore the dimensions of its turnaround. The buyback would come along with a remaining dividend.

Bloomberg individually reported {that a} spokesperson for Rolls-Royce declined to touch upon the Sky News report, saying the corporate doesn’t touch upon market hypothesis.

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Rolls-Royce final introduced a £1 billion ($1.3 billion) share buyback in February 2025 — its first since 2014, when surplus money adopted the sale of its vitality enterprise to Siemens. The corporate additionally raised its revenue steerage and reinstated a dividend.

The corporate’s market worth now exceeds £112 billion, with shares having greater than doubled over the previous yr, the report famous.

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