BUZZ-UK's Rolls-Royce soars to record high on healthy results, shareholder return plans

Rolls-Royce's shares RR.L soar 16% to record-high of 735 pence

Stock is handily the top gainer on FTSE 100 .FTSE, which is off 0.3%

Engine maker beats 2024 profit growth expectations, lifts mid-term targets

It also reinstates dividend and sets 1-billion-pound share buyback plan

Stock last up 15%, powering YTD gains to ~28%, making its 2nd-biggest gainer on the FTSE

RR was previously 1 of only 2 members on the index that did not pay a dividend, per LSEG data