Deliveroo plc Class A ( (GB:ROO) ) has provided an announcement.
Deliveroo has repurchased 873,990 of its own ordinary shares at a volume-weighted average price of £1.3751 per share, as part of its share purchase programme. This transaction, executed through Goldman Sachs International, is intended to reduce the number of shares in circulation by cancelling the repurchased shares, thereby potentially increasing the value of remaining shares and affecting shareholder voting rights.
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, alongside around 135,000 riders, to offer an on-demand delivery experience. Headquartered in London, Deliveroo operates in 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, United Arab Emirates, and the United Kingdom.
YTD Price Performance: -4.02%
Average Trading Volume: 5,026,693
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2B
See more data about ROO stock on TipRanks’ Stock Analysis page.