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Deliveroo plc Class A ( (GB:ROO) ) has provided an announcement.
Deliveroo has repurchased 1,033,329 of its own ordinary shares through Goldman Sachs International on various stock exchanges, as part of its ongoing share purchase program. The shares, which have an average price of £1.2909, are intended to be canceled, thereby reducing the company’s issued share capital. This strategic move potentially aims to enhance shareholder value by reducing the number of shares outstanding, which could affect voting rights and shareholding calculations under the FCA’s rules.
More about Deliveroo plc Class A
Deliveroo is an award-winning delivery service company founded in 2013, operating in the food delivery industry. The company collaborates with approximately 182,000 restaurants, grocery, and retail partners and employs around 140,000 riders to deliver food globally. Deliveroo is headquartered in London and operates across ten markets, including countries like Belgium, France, Hong Kong, Italy, and the United Kingdom.
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.
