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Deliveroo Executes Share Buyback as Part of Ongoing Programme

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Deliveroo Executes Share Buyback as Part of Ongoing Programme

The latest update is out from Deliveroo plc Class A ( (GB:ROO) ).

Deliveroo has announced the purchase of 903,564 of its own ordinary shares through Goldman Sachs International on the London Stock Exchange and other platforms. This transaction is part of Deliveroo’s share purchase programme, initially announced in August 2024, and the acquired shares are intended to be cancelled. The move affects the company’s issued share capital and voting rights, potentially impacting shareholder calculations under FCA’s rules.

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 offer on-demand delivery services globally. 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: -11.84%

Average Trading Volume: 4,997,974

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.83B

See more data about ROO stock on TipRanks’ Stock Analysis page.

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