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An update from Deliveroo plc Class A ( (GB:ROO) ) is now available.
Deliveroo has executed a purchase of 796,926 of its own ordinary shares through Goldman Sachs International as part of its share purchase program. Following this transaction, the company’s issued share capital stands at 1.62 billion ordinary shares, with the total voting rights reflecting this adjustment. The move to buy back and cancel shares is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Deliveroo plc Class A
Deliveroo is an award-winning delivery service founded in 2013, collaborating with approximately 182,000 restaurants, grocery, and retail partners, and around 140,000 riders across 10 markets globally. Headquartered in London, Deliveroo aims to provide the best food delivery experience worldwide, with operations in countries including Belgium, France, Hong Kong, Italy, and the UK.
YTD Price Performance: 20.22%
Average Trading Volume: 2,002,228
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.33B
For an in-depth examination of ROO stock, go to TipRanks’ Stock Analysis page.
