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Deliveroo Executes Share Buyback of Over 1 Million Shares
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Deliveroo Executes Share Buyback of Over 1 Million Shares

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Deliveroo plc Class A ( (GB:ROO) ) just unveiled an announcement.

Deliveroo has repurchased 1,109,233 of its own ordinary shares as part of its ongoing share buyback program, with shares purchased at an average price of £1.2867. The repurchased shares will be cancelled, impacting the total number of voting rights and share capital structure, thus potentially affecting 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 182,000 restaurants, grocery, and retail partners, and employs around 140,000 riders to deliver food worldwide. 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: -7.05%

Average Trading Volume: 3,632,840

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.05B

Learn more about ROO stock on TipRanks’ Stock Analysis page.

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