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Deliveroo Executes Share Buyback to Adjust Capital Structure
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Deliveroo Executes Share Buyback to Adjust Capital Structure

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The latest announcement is out from Deliveroo plc Class A ( (GB:ROO) ).

Deliveroo has announced the purchase of 640,068 of its own ordinary shares, through Goldman Sachs International, as part of its share purchase program initiated in August 2024. These shares, bought at a volume-weighted average price of £1.3489, are intended to be cancelled, impacting the company’s share capital and potentially affecting shareholder voting rights by altering the denominator used for calculating interest notifications under the FCA’s Disclosure Guidance and Transparency Rules.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. The company collaborates with approximately 186,000 restaurants, grocers, and retail partners, and employs around 135,000 riders to offer on-demand delivery services worldwide. Deliveroo is headquartered in London and operates in 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, United Arab Emirates, and the United Kingdom.

YTD Price Performance: -8.81%

Average Trading Volume: 4,276,573

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.92B

See more data about ROO stock on TipRanks’ Stock Analysis page.

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