Deliveroo Executes Share Buyback as Part of Ongoing Programme

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

Deliveroo has announced the purchase of 1,562,134 of its own ordinary shares through Goldman Sachs International on various trading platforms. This move is part of Deliveroo’s ongoing share purchase programme, with the intention to cancel the acquired shares, impacting the company’s share capital and voting rights structure.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. It partners with approximately 186,000 restaurants, grocers, and retail partners, and employs around 135,000 riders to provide 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: -15.79%

Average Trading Volume: 5,095,160

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.82B

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