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Rolls-Royce announces share buyback

Rolls-Royce has announced it would undertake its first ever share repurchase as the European commercial jet engine maker ruled out major acquisitions. It will buy back as much as $1.7 billion in stock. http://online.wsj.com/articles/rolls-royce-plans-1-7-billion-share-buyback-1403160251?mod=WSJ_hp_LEFTWhatsNewsCollection

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