Rolls-Royce Holdings plc Announces Major Financial Moves

In a significant financial update, Rolls-Royce Holdings plc revealed plans for a £1 billion share repurchase program, set to be completed by the end of 2025. Additionally, the company announced the reinstatement of dividends at 6p per share for the full year 2024, with payments scheduled for June 16.

The announcement led to a remarkable 16% surge in Rolls-Royce's stock during Thursday's trading session. This financial maneuver underscores the company's robust performance and optimistic outlook for the coming years.

Financial Performance Highlights

Rolls-Royce's financial health appears to be on an upward trajectory, with 2024 revenues climbing 15.6% to £17.4 billion compared to the previous year. Operating profit saw an even more impressive leap, increasing by 55% to £2.5 billion. Looking ahead, Rolls-Royce forecasts operating profit for 2025 to be between £2.7 billion and £2.9 billion, signaling continued growth and stability.

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 these announcements.