London, Jan 20, 2026, 07:52 GMT — Premarket
- Rolls-Royce revealed it repurchased roughly 549,000 shares as part of its ongoing £200 million buyback scheme.
- On Monday, the stock closed at 1,267.0 pence, slipping 1.44% after trading close to a recent peak.
- Investors are eyeing the full-year results on Feb. 26 for clues about cash returns and the outlook.
Rolls-Royce shares drew attention Tuesday before markets opened in London, following the aerospace and defence firm’s latest update on its ongoing share buyback.
Rolls-Royce disclosed in a filing that it bought back 549,273 ordinary shares on Jan. 19 via UBS, trading on the London Stock Exchange and other platforms. The repurchase price ranged from 1,270.0 pence to 1,290.0 pence per share, depending on the venue. The company confirmed these shares will be cancelled. (Stockopedia)
Daily buyback notices have turned into a familiar sign for traders in this stock, which has surged over the past year and is now priced for another strong earnings report.
Rolls-Royce finished Monday at 1,267.0 pence, slipping 18.5 pence, or 1.44%. The share price peaked at 1,306.5 pence over the past 52 weeks, per market data. (Hargreaves Lansdown)
The aerospace and defence sector has gained ground this month, driven by investor bets on rising European defence budgets and ongoing geopolitical tensions, pushing up valuations across the board. (Financial Times)
Rolls-Royce also grabbed attention recently. The Financial Times revealed over the weekend that the company plans to revamp its CEO’s pay structure. This would mean a higher cap on the annual bonus and bigger long-term incentive payouts. The proposal is set to be presented to shareholders in the spring. (Financial Times)
Buybacks usually cut the share count and boost per-share figures, but they don’t alter the core business itself. The company has been releasing details of the purchases the day after executing the trades under the program.
But bulls face a snag: the stock’s hovering near all-time highs, with much of the positive news baked in. Any hint of pay disputes, slower cash flow, or a more cautious outlook could stall the rally fast.
The next major event is February 26, when Rolls-Royce will release its full-year results for 2025. (Rolls Royce)