Rotork plc (GB:ROR) has released an update.
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Rotork plc has executed a share buyback program, repurchasing nearly 99,000 ordinary shares at an average price of 330.15 pence. This move, part of a broader strategy initiated earlier in the year, aims to enhance shareholder value by reducing the number of shares in circulation. Investors may view this as a positive sign of the company’s financial health and commitment to returning value to shareholders.
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