Rolls-Royce stock price in focus as £1.5bn buyback report swirls ahead of results
Rolls-Royce shares closed at 1,333p on Monday, down 0.22%, after reports the company may announce a share buyback of up to £1.5 billion with its annual results this week. The company has repurchased nearly 16 million shares under an existing £200 million programme. Separately, Rolls-Royce is seeking UK government support for its £3 billion UltraFan engine project, according to the Financial Times.