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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Rolls-Royce shares reached a record high of 1,353p ahead of financial results, with reports suggesting a new share buyback program worth approximately £1.5 billion. The stock has surged 120% over the past year, boosting its market capitalization to over $152 billion. The company announced a multi-year share buyback program of up to $12 billion, along with upgraded financial targets for 2028, aimed at significantly enhancing shareholder returns.