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Deliveroo Executes Share Buyback as Part of Strategic Programme
Company Announcements

Deliveroo Executes Share Buyback as Part of Strategic Programme

Story Highlights
  • Deliveroo has bought back 812,858 shares at prices between £1.2940 and £1.3220.
  • The purchased shares will be cancelled, impacting Deliveroo’s share capital and voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

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

Deliveroo has purchased 812,858 of its own shares, with the highest price paid being £1.3220 and the lowest £1.2940, as part of its share purchase programme announced in August 2024. The company plans to cancel these shares, impacting its total share capital and voting rights, which may affect shareholder calculations under the FCA’s guidelines.

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 to provide on-demand delivery services through a network of around 135,000 riders. 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: -6.91%

Average Trading Volume: 4,329,542

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.95B

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

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