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An update from Deliveroo plc Class A ( (GB:ROO) ) is now available.
Deliveroo plc announced the purchase of 667,829 ordinary shares through its share purchase programme, which was initially announced in August 2024. This transaction, executed via Goldman Sachs International, involved shares traded on the London Stock Exchange and is part of Deliveroo’s ongoing efforts to manage its share capital effectively. The purchased shares are intended to be cancelled, which will affect the company’s issued share capital. Following this transaction, the total number of voting rights will be 1,549,439,539, excluding shares held in treasury. This action signifies Deliveroo’s strategic approach to enhancing shareholder value and refining its capital structure.
More about Deliveroo plc Class A
Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski, partnering with approximately 186,000 restaurants, grocers, and retail partners, and about 135,000 riders to offer on-demand delivery services globally. Headquartered in London, Deliveroo operates across 10 markets, including countries like Belgium, France, Hong Kong, and the United Kingdom.
YTD Price Performance: -6.91%
Average Trading Volume: 4,329,542
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.95B
For an in-depth examination of ROO stock, go to TipRanks’ Stock Analysis page.
