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Rolls-Royce stock hits record high after meeting profit targets 2 years early
- Rolls-Royce shares surged after meeting profit targets two years ahead of schedule in its annual results.
- Revenue rose 16% to £17.8 billion, surpassing analyst estimates of £17.3 billion.
- Rolls-Royce announced a £1 billion share buyback, boosting investor confidence.
- Stock rose almost 20% to a record high, valuing Rolls-Royce at £64 billion.
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