Deliveroo plc Class A (GB:ROO) has released an update.
Deliveroo plc has repurchased 322,581 of its own shares as part of its share buyback program announced on August 9, 2024, with plans to cancel the acquired shares. The transaction, conducted through Goldman Sachs International, reflects the company’s ongoing capital allocation strategy and will result in a reduced number of voting rights and issued share capital. This move is part of Deliveroo’s commitment to enhancing value for shareholders and optimizing its capital structure.
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