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Rolls-Royce's Strategic Financial Moves
In a bold financial strategy, Rolls-Royce Holdings plc has announced a significant £1 billion share repurchase program set to unfold throughout 2025. Alongside this, the company has delighted shareholders with the news of reinstating dividends at 6p per share for the full year 2024, scheduled for payment on June 16.
Impressive Financial Growth
The company has reported a remarkable 15.6% increase in 2024 revenue, reaching £17.4 billion, with operating profit soaring by 55% to £2.5 billion. Looking ahead, Rolls-Royce anticipates its operating profit for 2025 to be in the range of £2.7 billion to £2.9 billion.
Market Reaction
Following the announcement, Rolls-Royce's shares experienced a significant uptick, climbing 15.04% to 725.40 pence by 9:31 am CET, reflecting investor confidence in the company's financial health and strategic direction.
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