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Deliveroo plc Class A ( (GB:ROO) ) just unveiled an update.
Deliveroo announced the purchase of 1,012,998 of its own ordinary shares through Goldman Sachs International on various trading platforms, as part of its share purchase program. The acquired shares are intended to be cancelled, affecting the company’s issued share capital and voting rights. This move is part of Deliveroo’s strategic financial management, reflecting its commitment to optimizing shareholder value and adjusting its capital structure.
More about Deliveroo plc Class A
Deliveroo is a leading delivery service founded in 2013 by William Shu and Greg Orlowski. The company partners with approximately 182,000 restaurants, grocery and retail businesses, and employs around 140,000 riders to offer exceptional food delivery services. Headquartered in London, Deliveroo operates in 10 markets worldwide, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, UAE, and the UK.
YTD Price Performance: 10.66%
Average Trading Volume: 2,063,110
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.14B
See more insights into ROO stock on TipRanks’ Stock Analysis page.
