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Deliveroo Executes Share Buyback Plan, Cancelling Over 1.1 Million Shares
Company Announcements

Deliveroo Executes Share Buyback Plan, Cancelling Over 1.1 Million Shares

Story Highlights
  • Deliveroo bought 1,165,366 shares at £1.3092 each under its share purchase program.
  • The share buyback will adjust Deliveroo’s capital and voting rights structure for stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

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

Deliveroo has purchased 1,165,366 of its ordinary shares at an average price of £1.3092 through Goldman Sachs International as part of its share purchase program announced earlier in August 2024. The purchased shares will be cancelled, affecting the company’s issued share capital and voting rights, which stakeholders can use for share interest notifications under FCA rules.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service established in 2013, working with approximately 182,000 restaurant, grocery, and retail partners, alongside 140,000 riders to offer food delivery services globally. Headquartered in London, the company operates in 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, UAE, and the UK.

YTD Price Performance: -9.30%

Average Trading Volume: 4,227,456

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.92B

Find detailed analytics on ROO stock on TipRanks’ Stock Analysis page.

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