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Deliveroo Announces Share Buyback to Bolster Market Position
Company Announcements

Deliveroo Announces Share Buyback to Bolster Market Position

Deliveroo plc Class A (GB:ROO) has released an update.

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Deliveroo plc has announced the purchase of 897,487 of its own shares on the London Stock Exchange as part of a previously announced share buyback program. The shares, acquired through Goldman Sachs International, are intended to be cancelled, impacting the company’s overall share capital and voting rights. This strategic move may influence shareholder interests and Deliveroo’s stock market positioning.

For further insights into GB:ROO stock, check out TipRanks’ Stock Analysis page.

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