Rolls-Royce Holdings plc Sees Significant Stock Increase

In a remarkable turn of events, Rolls-Royce Holdings plc experienced a dramatic 16% surge in its stock value during Thursday's trading session. This surge followed the company's announcement of a £1 billion share repurchase program, set to be completed over the course of 2025. Additionally, Rolls-Royce plans to reinstate dividends, offering 6p per share for the full year 2024, with payments scheduled for June 16.

Financial Performance Highlights

The company's financial performance has been nothing short of impressive, with 2024 revenues climbing 15.6% from the previous year to reach £17.4 billion. Operating profit saw a significant jump of 55%, totaling £2.5 billion. Looking ahead, Rolls-Royce anticipates its operating profit for 2025 to fall within the £2.7 billion to £2.9 billion range.

Stock Market Reaction

By 9:31 am CET, the company's shares had risen by 15.04%, trading at 725.40 pence, reflecting the market's positive reception to the company's strategic financial decisions.