Another £10m to be returned to Rotork’s investors in its latest share buyback
Specialist valve manufacturer Rotork today launched the latest £10m tranche of its share buyback 24 hours after saying a strong balance sheet at the half-year stage put it in a position to make the move.
Earlier this year the Bath-headquartered group, which designs and makes high-quality flow control equipment for the global oil, gas, water and power industries, returned around £50m to shareholders across three tranches of its buyback programme.
Today it launched a fourth tranche worth £10m which will end no later than 12 Sep... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
