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Deliveroo Executes Share Buyback Program to Bolster Financial Strategy
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Deliveroo Executes Share Buyback Program to Bolster Financial Strategy

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

Deliveroo announced the purchase of 951,914 of its own ordinary shares, intended for cancellation, as part of its share purchase program. The transaction, facilitated by Goldman Sachs International, impacts the company’s issued share capital and voting rights, offering insights into Deliveroo’s ongoing strategic financial management.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. The company partners with approximately 182,000 restaurants, grocery, and retail partners, alongside 140,000 riders, to deliver food and other goods. Headquartered in London, Deliveroo operates in ten markets, including the UK, France, and Singapore.

YTD Price Performance: 10.74%

Average Trading Volume: 2,078,005

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.14B

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

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