London, July 3, 2026, 10:01 BST
- Rolls-Royce was last seen at about 1,486p, off around 3% from its 52-week high set June 25.
- The recent filing puts the total at 74.6 million shares picked up in the ongoing £2.3 billion buyback, with an average price of 1,212.92p.
- At the current price, the cash left for buybacks would cover roughly 93.9 million shares, which is 18% below the programme average.
- Rolls-Royce added a new defence capacity marker in its Raynesway update today, ahead of half-year results due July 30.
Rolls-Royce Holdings plc (LON:RR) shares are near their recent high, which changes the buyback numbers. Google Finance showed the stock at 1,486.40 pence at 09:43 BST, up from 1,475.20p at the last close. The day’s range so far is 1,483.00p to 1,495.37p, with a 52-week range at 927.00p to 1,532.60p.
Rolls-Royce said July 1 that it bought 4,007,376 shares between June 23 and June 29, bringing its programme total to 74,601,999 at a weighted average price of 1,212.92p. The company will cancel these shares and put voting rights at 8,353,234,622. The investor number here is more than just a day gain.
The filings show the £2.3 billion buyback has spent around £904.9 million so far, or 39.3% of its funds. With shares at 1,486.40p, the £1.395 billion left could buy roughly 93.9 million shares. If it kept to the programme average price, that money would have bought about 115.0 million shares.
| Buyback measure | Latest figure |
|---|---|
| Programme total | £2.30 billion |
| Shares repurchased | 74.6 million |
| Average price so far | 1,212.92p |
| Cash spent to date | £904.9 million |
| Remaining cash | £1.395 billion |
| Shares to go at 1,486.40p | 93.9 million |
| Shares to go at 1,212.92p | 115.0 million |
The gap is big for per-share support. With Rolls-Royce paying about 22.5% more than the programme average, the same amount of cash buys fewer shares. The 74.6 million shares already bought are about 0.9% of the current voting-rights base. The cash left would retire another 1.1% of shares at Friday’s quoted price.
Investors Chronicle’s delayed data had Rolls-Royce at 1,486.60p at 09:30 BST, down 3% from its 52-week high. The FTSE 100 (INDEXFTSE:UKX) was at 10,659.01 at 09:20 BST, 2.5% off its 52-week best.
| Delayed market data | Rolls-Royce | FTSE 100 |
|---|---|---|
| Latest level | 1,486.60p | 10,659.01 |
| Day change | up 0.77% | up 0.06% |
| 52-week high | 1,532.60p | 10,934.94 |
| Gap to high | down 3.0% | down 2.5% |
| Data time | 09:30 BST | 09:20 BST |
Friday’s update from Rolls-Royce wasn’t about a new financial goal. The company flagged a defence build-out. Rolls-Royce said its Submarines division had started work on a new facility at Raynesway in Derby. The company aims to double the site, add over 100,000 square metres of manufacturing and office space, and create 1,170 skilled jobs to supply submarines to the UK and Australia.
Abi Clayton, who heads Rolls-Royce Submarines, said the project would “unlock much-needed manufacturing capacity.” The company said its site makes nuclear reactors for Royal Navy submarines and will supply reactors for Australia’s future SSN-AUKUS submarines too. Rolls-Royce
Rolls-Royce’s civil aerospace business logged a fresh order this week as SAS bought 20 Airbus EPA:AIR A330neo jets. The planes will run on 40 Trent 7000 engines, and SAS also got 10 purchase rights. “SAS can be confident in the fleet’s reliability and support,” civil aerospace boss Rob Watson said. Rolls-Royce
The cash return comes as Rolls-Royce sticks to 2026 targets of £4.0 billion-£4.2 billion in underlying operating profit and £3.6 billion-£3.8 billion in free cash flow. The company also warned supply-chain problems will cost £150 million-£200 million in cash this year.
Chief Executive Tufan Erginbilgic said in February the company planned a £7 billion to £9 billion buyback for 2026-2028, including “£2.5bn to be completed this year”. At the April AGM update, Rolls-Royce reported it had finished over £750 million of the 2026 tranche and confirmed July 30 for half-year results. Rolls-Royce