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Rotork plc ( (GB:ROR) ) has shared an update.
Rotork plc has executed a share buyback program, purchasing 106,800 ordinary shares as authorized by shareholders during the 2025 Annual General Meeting. The company plans to cancel these shares, reducing the total number of shares in circulation. This move is part of a broader strategy announced earlier in March 2025, aimed at optimizing capital structure and potentially enhancing shareholder value. The buyback was facilitated by J.P. Morgan Securities plc, with transactions conducted on the London Stock Exchange and CBOE Europe Limited. Following these transactions, Rotork will have 835,253,143 ordinary shares in issue, reflecting its ongoing commitment to managing its equity base effectively.
The most recent analyst rating on (GB:ROR) stock is a Buy with a £370.00 price target. To see the full list of analyst forecasts on Rotork plc stock, see the GB:ROR Stock Forecast page.
Spark’s Take on GB:ROR Stock
According to Spark, TipRanks’ AI Analyst, GB:ROR is a Outperform.
Rotork plc’s strong financial performance, characterized by solid revenue and cash flow growth and low leverage, is the primary driver of its stock score. Positive technical indicators further support the stock’s outlook. However, a high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.
To see Spark’s full report on GB:ROR stock, click here.
More about Rotork plc
Rotork plc operates in the engineering industry, specializing in manufacturing and supplying industrial flow control equipment. The company focuses on providing solutions for various sectors, including oil and gas, water and wastewater, power, and industrial processes.
Average Trading Volume: 1,964,935
Technical Sentiment Signal: Buy
Current Market Cap: £2.9B
Learn more about ROR stock on TipRanks’ Stock Analysis page.