Rotork plc, a company involved in the manufacturing and engineering sector, has announced the purchase of 120,800 ordinary shares as part of its ongoing share buyback program. This move is in line with the authority granted by shareholders during the 2025 Annual General Meeting. The shares, acquired through J.P. Morgan Securities plc on the London Stock Exchange and CBOE Europe Limited, are intended to be canceled, which will reduce the total number of shares in circulation. This action is part of a broader strategy that has seen the company buy back over 12 million shares since April 2025, potentially impacting the company’s stock value and shareholder equity.
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