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IN BRIEF: Rotork begins buyback of up to GBP50 million in shares

17th May 2024 12:20

Rotork PLC - Bath, England-based manufacturer of industrial flow control equipment - Commences buyback for up to GBP50 million in shares. Shares are priced at 0.5 pence each. "Our financial flexibility enables us to pursue strategic investments and we remain active in looking for suitable opportunities, consistent with our Growth+ strategy," Rotork says.

Current stock price: 334.20 pence, down 0.5% in London on Friday

12-month change: up 1.2%

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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