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Deliveroo Announces Share Buyback to Strengthen Financial Structure
Company Announcements

Deliveroo Announces Share Buyback to Strengthen Financial Structure

Story Highlights
  • Deliveroo purchased 788,864 of its own shares through Goldman Sachs International.
  • Purchased shares are intended for cancellation, affecting issued share capital and voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Deliveroo plc Class A ( (GB:ROO) ).

Deliveroo announced the purchase of 788,864 of its own Ordinary Shares through Goldman Sachs International as part of its share purchase programme. These shares are intended to be cancelled, impacting the company’s issued share capital and voting rights, as it continues to manage its financial structure and shareholder interests.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013, working with 182,000 restaurant, grocery, and retail partners and 140,000 riders to provide food delivery across 10 markets including the UK, France, and Singapore.

YTD Price Performance: 8.93%

Average Trading Volume: 3,293,118

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.09B

Find detailed analytics on ROO stock on TipRanks’ Stock Analysis page.

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