London, Feb 12, 2026, 07:53 GMT — Premarket
- Rolls-Royce revealed new share purchases as part of its £200 million buyback programme.
- The shares finished at 1,248p, ticking up 0.36%.
- The company’s full-year results land Feb. 26—the next major catalyst on the calendar.
Rolls-Royce Holdings plc (RR.L) disclosed Thursday that it snapped up 461,677 shares on Feb. 11, part of its £200 million buyback plan. Purchases were made via UBS AG London Branch. The company plans to cancel these shares. Since starting the programme, Rolls-Royce has repurchased 13,954,779 shares, which brings its total shares in issue down to 8.43 billion.
Shares finished Wednesday at 1,248 pence, up 0.36%, recovering some ground after dropping 2.47% the previous session. Buybacks have kept turning up in the background as traders look to the next London open.
Rolls-Royce plans to release its 2025 full-year numbers on Feb. 26, followed by investor roadshows set for March 2 and March 10. That update will put fresh numbers on cash generation—and could show whether the existing buyback tempo still holds.
Companies buy back their own shares with cash, often canceling them and reducing the total share count. This move may lift earnings per share, though it uses up cash that could go elsewhere.
Elsewhere, Rolls-Royce disclosed that non-executive directors Wendy Mars and Birgit Behrendt picked up 147 and 89 shares each, respectively, via monthly share purchase plans on Feb. 9. The company filing also noted that CFO Helen McCabe and civil aerospace head Rob Watson took on 16 shares apiece through an employee share plan.
Rolls-Royce rolled out its new modular gas-engine power plants on Tuesday, touting a 12- to 18-month timeline for connecting to the grid thanks to prebuilt 10, 20, and 30 megawatt modules. These units come “H2-ready”—designed for potential hydrogen fuel in the future. Tobias Ostermaier, who heads stationary power solutions at Rolls-Royce Power Systems, said the move would let Germany put its power plant plan in place “quickly and economically.” The company plans to showcase the systems at Essen’s E-world energy fair, running Feb. 10-12. Rolls-Royce
Thursday, attention turns to whether the buyback keeps supporting the market — and if broader risk appetite drags the shares along with other UK industrials.
Still, buybacks won’t offer much cover if free cash flow comes up short when results land Feb. 26, or if management signals any hesitation about 2026. With expectations running high, even a slight shift in messaging on cash returns can jolt the stock.
