Turkish CEO's £1.5 billion share buyback at Rolls-Royce
Original headlineTürk CEO'dan Rolls-Royce'ta 1,5 milyar sterlinlik hisse geri alımı
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Rolls-Royce, led by CEO Tufan Erginbilgiç, has accelerated a £1.5 billion share buyback program following strong order growth. Order backlog in its Power Systems division reached £8.6 billion, driven by energy demand from AI data centers. The British engineering group kept its 2026 profit guidance unchanged and plans to reassess its 2028 targets in February. The move signals management confidence in cash generation as the company benefits from surging demand tied to AI infrastructure buildout. Investors will watch the February strategic review for any upward revision to longer-term targets.
Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Rolls-Royce, Tufan Erginbilgiç, Power Systems