For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260226:nRSZ4366Ua&default-theme=true
RNS Number : 4366U Rolls-Royce Holdings plc 26 February 2026
26 February 2026 7:05am
Rolls-Royce Holdings plc
SHARE BUYBACKS OF UP TO £2.5 BILLION IN 2026
Rolls-Royce Holdings plc (the Company) announces that it expects to return a
total of up to £2.5 billion to shareholders through share buybacks in 2026.
The Company will today commence a share buyback programme to return up to
£2.3 billion to shareholders (the Programme) which, together with the
Company's completed £200 million interim share buyback programme launched on
2 January 2026 (the Interim Programme), will deliver total returns of up to
£2.5 billion through share buybacks in 2026.
The Programme, which will be executed in tranches, will commence today and is
expected to complete no later than 23 December 2026. The Company has entered
into non-discretionary agreements (the Agreements) with Morgan Stanley &
Co. International plc (Morgan Stanley) and UBS AG London Branch (UBS) to
undertake the Programme on its behalf by making market purchases, as riskless
principal, of the Company's ordinary shares of 20p each (the Shares) on the
London Stock Exchange or another recognised investment exchange. Morgan
Stanley and UBS (together, the Purchasing Banks) will make trading decisions
under the Programme independently of the Company, subject to certain
parameters agreed between the Purchasing Banks and the Company prior to the
commencement of the Programme and to the Company's right to terminate each
Agreement in certain limited circumstances.
Shares acquired by the Purchasing Banks under the Agreements will be sold on
to the Company and will be cancelled. The purpose of the Programme is
therefore to reduce the Company's share capital.
Taking into account the total of 15,971,931 Shares acquired under the Interim
Programme, the maximum number of Shares that may be acquired under the
Programme pursuant to the authority granted by shareholders at the Company's
2025 Annual General Meeting on 1 May 2025 is 834,517,767.
Any purchase of Shares under the Programme will be executed in accordance with
the Company's general authority to repurchase Shares granted at its 2025
Annual General Meeting and (if applicable) any subsequent authority, the
Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU)
2016/1052 (both as incorporated into UK domestic law by the European Union
(Withdrawal) Act 2018), and Chapter 9 of the Financial Conduct Authority's UK
Listing Rules.
Repurchases of Shares under the Programme will be announced no later than 7.30
a.m. on the business day following the calendar day on which the repurchase
occurred (or otherwise as required under the UK Listing Rules).
For further information, please contact:
Investors:
Jeremy Bragg
Head of Investor Relations, Rolls-Royce plc
Tel +44 (0) 7795 840875
Jeremy.Bragg@Rolls-Royce.com (mailto:Jeremy.Bragg@Rolls-Royce.com)
Media:
Media:
Richard Wray
EVP - External Communications & Brand, Rolls-Royce plc
Tel +44 (0) 7810 850055
Richard.Wray@Rolls-Royce.com (mailto:Richard.Wray@Rolls-Royce.com)
About Rolls-Royce Holdings plc
1. Rolls-Royce is a force for progress; powering, protecting and
connecting people everywhere. Our products and service packages help our
customers meet the growing need for power across multiple industries; enable
governments to equip their armed forces with the power required to protect
their citizens; and connect people, societies, cultures and economies
together.
2. Rolls-Royce has a local presence in 47 countries and customers in over
a hundred more, including airlines and aircraft leasing companies, armed
forces and navies, and marine and industrial customers.
3. Through our multi-year transformation programme, we are building a
high-performing, competitive, resilient and growing Rolls-Royce. We are
building the financial capacity and agility to allow us to successfully
develop and deliver the products that will support our customers through the
energy transition.
4. Annual underlying revenue was £20.1 billion in 2025, and underlying
operating profit was £3.46 billion.
5. Rolls-Royce Holdings plc is a publicly traded company (LSE: RR., ADR:
RYCEY, LEI: 213800EC7997ZBLZJH69).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCFLFVTFRIEFIR
Copyright 2019 Regulatory News Service, all rights reserved