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Deliveroo Executes Share Buyback, Reducing Issued Share Capital
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Deliveroo Executes Share Buyback, Reducing Issued Share Capital

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

Deliveroo has executed the purchase of 480,967 ordinary shares through Goldman Sachs International on various trading platforms, as part of its previously announced share purchase program. This transaction results in a reduction of the company’s share capital, with the purchased shares set to be cancelled, affecting the number of voting rights available to shareholders under regulatory guidelines.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. It collaborates with approximately 186,000 restaurants, grocers, and retail partners, along with about 135,000 riders to offer on-demand delivery services globally. Headquartered in London, Deliveroo operates in 10 markets including Belgium, France, Hong Kong, and the United Kingdom.

YTD Price Performance: -3.66%

Average Trading Volume: 4,611,873

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.03B

For detailed information about ROO stock, go to TipRanks’ Stock Analysis page.

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