Rolls-Royce share price steadies near highs as buyback rolls on and Turkey engine hub takes shape
Rolls-Royce bought 462,606 shares on Jan. 8 under its £200 million buyback, bringing total repurchases to 2.31 million shares. Shares traded near a 52-week high Friday, ranging from 1,274 to 1,297 pence. The company and Turkish Technic broke ground on a new engine maintenance site at Istanbul Airport, set to open by 2027. Investors await full-year results on Feb. 26.