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Deliveroo plc Class A ( (GB:ROO) ) has issued an announcement.
Deliveroo has repurchased 773,288 of its own ordinary shares as part of a previously announced share purchase program, with the intention of canceling the purchased shares. This move reflects Deliveroo’s strategic efforts to manage its share capital and potentially enhance shareholder value by reducing the number of shares in circulation, which could impact voting rights calculations for shareholders.
More about Deliveroo plc Class A
Deliveroo is an award-winning delivery service founded in 2013, partnering with approximately 182,000 restaurants, grocery, and retail partners. Operating globally across 10 markets, including the UK, France, and Singapore, it employs around 140,000 riders to provide food delivery services.
YTD Price Performance: 8.93%
Average Trading Volume: 3,293,118
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.09B
Learn more about ROO stock on TipRanks’ Stock Analysis page.
