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Share Buybacks 17 January 2026 - 22 January 2026

Rolls-Royce share price slips as £200m buyback grinds on and valuation debate returns

Rolls-Royce share price slips as £200m buyback grinds on and valuation debate returns

Rolls-Royce shares slipped 1.3% to 1,264 pence by 0913 GMT, pulling back from Tuesday’s close and easing off a rally that propelled the company into the upper ranks of the FTSE 100 by market value. The pullback comes amid debate over how much further the UK engine maker can push its turnaround, with shares now trading at a forward price/earnings ratio of 44.2—based on forecast earnings. Interactive investor analyst Robert Stephens called that multiple “exceptionally high,” even after accounting for expected profit growth. He also pointed to defence supplier Chemring as a more affordable option in the sector.
Reckitt buyback update: FTSE 100 group repurchases 49,100 shares as dividend vote looms

Reckitt buyback update: FTSE 100 group repurchases 49,100 shares as dividend vote looms

Reckitt Benckiser announced on Tuesday that it bought back 49,100 ordinary shares of 10 pence each on Jan. 19 at a volume-weighted average price of 6,109.49 pence — a price weighted by trade size — and will keep them in treasury. The company now holds 30,244,310 shares in treasury and controls 671,845,015 voting rights. The routine buyback comes as investors gear up for a shareholder vote later this month on a significant one-off cash return linked to the group’s recent portfolio shuffle. Reckitt has scheduled a general meeting for Jan. 27 to approve a 235 pence per share special dividend alongside a 24-for-25 share consolidation—a move to cut the share count and prevent a price drop after the payout. The company wrapped up the sale of its Essential Home business on Dec. 31, keeping a 30% stake in the new acquisition vehicle. “The completion of the divestment of Essential Home is a major step forward in our strategy,” CEO Kris Licht said then. Shares edged down about 0.2% to 6,102 pence by 0957 GMT Monday, the report noted.
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Stock Market Today

  • Microsoft (MSFT) Stock: Analysts Stay Bullish as Azure, AI Drive Long-Term Target Despite Spending
    July 1, 2026, 3:19 AM EDT. Microsoft stock ended at $373.02 on June 30, 2026, slipping even as Azure cloud revenue jumped 39% and the company's annual AI run-rate hit $26 billion. Spending hit $37.5 billion, raising investor concerns, but analysts still see room to run. The average 12-month target is $561, pointing to a 50% upside. Some say the market is mispricing Microsoft as a hardware play, even though the core business is enterprise software and AI. Microsoft's 27% OpenAI stake is valued at $135 billion and adds to its AI story. Wall Street consensus calls for the stock to reach $470 in 2026, $545 in 2027, and $855 by 2030, showing faith that AI growth will offset near-term costs.
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