Deliveroo plc Class A (GB:ROO) has released an update.
Deliveroo plc recently announced the purchase of 674,764 of its own Ordinary Shares at prices ranging from £1.5480 to £1.5700 per share, with the intention of cancelling them to optimize shareholder value. This buyback is part of a share purchase programme initiated on 9 August 2024, following which the company’s total voting rights stand at 1,611,620,498 Ordinary Shares. The action represents Deliveroo’s commitment to managing its capital effectively and supporting its stock’s market value.
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