London, Feb 13, 2026, 08:53 GMT — Regular session
- Shares of Rolls-Royce climbed roughly 3% early Friday in London trading.
- The latest buyback disclosure revealed the company was still snapping up its own shares through UBS on Feb. 11.
- With full-year results set for Feb. 26, traders are already making their moves.
Rolls-Royce Holdings RR.L bounced 3.2% higher to 1,265.45 pence early Friday in London, recouping losses from the previous day’s drop.
That latest purchase comes as Rolls-Royce keeps working through its interim buyback, giving the shares a consistent floor as earnings season approaches. According to a Thursday daily filing, the company acquired 367,558 shares on the London Stock Exchange on Feb. 11, picking up more stock across other platforms too. Prices ranged from 1,237 pence up to 1,262.5 pence per share. Full details here: https://shareprices.com/rns/transaction-in-own-shares-5kyck791coaiu68/
Why it matters now: The buyback is bumping up against the company’s full-year results later this month. Once again, the stock is back in the high-beta spotlight. Bank of America, in a pre-results note highlighted by Interactive Investor this week, pointed to a 1,600 pence target and suggested those annual numbers could spark a move.
Shares in Rolls-Royce have jumped roughly 97% over the past year, according to Hargreaves Lansdown. With the stock now sporting a lofty multiple compared to most of the FTSE 100, there’s little forgiveness for disappointing results. The buyback news has taken on outsized importance as a result.
Rolls-Royce said UBS will handle the share purchases and cancel the stock, after the interim buyback plan was unveiled in December. The company expects the programme to wrap up by Feb. 24.
Here’s how a buyback works: a company spends cash to buy back its own shares, cutting the share count and, assuming everything else stays the same, pushing up earnings per share. This move also tells investors management feels confident enough about its finances to hand back cash rather than hold it for operations.
The broader market held steady in early trading. The FTSE 100 nudged up 0.2%, with Rolls-Royce standing out as one of the session’s top-performing blue chips.
But there’s no sure thing here. Tougher supply-chain snags could bite, or shop visits and engine time-on-wing might not live up to hopes—either way, the cash supporting the buyback could get shaky.
Rolls-Royce shares shed 1.8% by the close Thursday, ending at 1,226 pence after a turbulent session that saw the stock shift between 1,223 and 1,269 pence, according to MarketWatch data.
Rolls-Royce is pumping out repurchase updates almost every day. In its latest filing Wednesday, the company disclosed it scooped up 359,358 shares on the LSE on Feb. 10, with additional buying on other platforms; those shares, too, are slated for cancellation.
One date investors are circling: Feb. 26. That’s when Rolls-Royce, in its November trading update, said full-year results would land. The company also flagged “continued supply chain challenges” in the same announcement. https://www.rolls-royce.com/~/media/Files/R/Rolls-Royce/documents/investors/rolls-royce-holdings-plc-trading-update-nov-2025.pdf
Next, attention shifts to buyback disclosure updates as the programme nears its Feb. 24 expected finish. Full-year results follow on Feb. 26.
Related articles: LSE:RR.L
