An update from Rotork plc ( (GB:ROR) ) is now available.
Rotork plc has announced a share buyback programme, aiming to repurchase ordinary shares up to a total of £50 million. This move aligns with their capital allocation policy and is supported by their strong cash position, allowing them to maintain financial flexibility for strategic investments under their Growth+ strategy.
More about Rotork plc
Rotork is a global leader in providing intelligent flow control solutions for industries such as oil & gas, water and wastewater, power, and chemical processes. The company focuses on enhancing efficiency, reducing emissions, and ensuring safety for its customers worldwide. With a workforce of around 3,500, Rotork operates manufacturing facilities in over 15 locations and serves 170 countries through an extensive global service network. It is listed on the London Stock Exchange and is part of the FTSE 250 index.
YTD Price Performance: -0.38%
Average Trading Volume: 1,544,115
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.64B
Find detailed analytics on ROR stock on TipRanks’ Stock Analysis page.
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