Deliveroo Executes Share Buyback as Part of Ongoing Program

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Deliveroo Executes Share Buyback as Part of Ongoing Program

Deliveroo plc Class A ( (GB:ROO) ) has shared an announcement.

Deliveroo has executed a purchase of 966,551 of its own ordinary shares through Goldman Sachs International on various stock exchanges, as part of its ongoing share purchase program. The shares, bought at a volume weighted average price of £1.2143 per share, are intended to be cancelled, which will adjust the company’s issued share capital and voting rights, potentially impacting shareholder calculations and interests.

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 186,000 restaurants, grocers, and retail partners, and employs around 135,000 riders to provide on-demand delivery services. Headquartered in London, Deliveroo operates in 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, United Arab Emirates, and the United Kingdom.

YTD Price Performance: -13.04%

Average Trading Volume: 4,243,060

Technical Sentiment Signal: Buy

Current Market Cap: £1.75B

For detailed information about ROO stock, go to TipRanks’ Stock Analysis page.

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