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Deliveroo plc Class A ( (GB:ROO) ) has shared an update.
Deliveroo has purchased 882,099 of its ordinary shares as part of a share buyback program initiated in August 2024. These shares, acquired through Goldman Sachs International on various exchanges, are set to be cancelled, impacting the company’s share capital and voting rights. This move aims to enhance shareholder value and optimize the capital structure by reducing the number of issued shares.
More about Deliveroo plc Class A
Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. The company collaborates with approximately 182,000 restaurants, grocery, and retail partners, alongside around 140,000 riders, to enhance the food delivery experience worldwide. Headquartered in London, Deliveroo operates in 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, the United Arab Emirates, and the United Kingdom.
YTD Price Performance: -1.62%
Average Trading Volume: 3,292,243
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.1B
See more data about ROO stock on TipRanks’ Stock Analysis page.
