Rolls-Royce share price: buyback talk and UltraFan subsidy push set up a big week for RR.L
Rolls-Royce shares closed at 1,336 pence Friday, up 0.9%, after reports the company may announce a buyback of up to £1.5 billion with its results this week. The Financial Times said Rolls-Royce is also seeking UK government backing for a £3 billion engine development project. The company declined to comment on both reports.