Deliveroo Completes Share Buyback Move
Company Announcements

Deliveroo Completes Share Buyback Move

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

Deliveroo plc has purchased 665,580 of its own ordinary shares as part of its share buyback program, with the intention to cancel these shares, as announced on 9 August 2024. The transaction, conducted through Goldman Sachs International on various trading platforms including the London Stock Exchange, resulted in a change to the company’s issued share capital and total number of voting rights. This strategic move by Deliveroo could indicate a focus on enhancing shareholder value.

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

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