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Deliveroo Executes Share Repurchase to Enhance Capital Structure
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Deliveroo Executes Share Repurchase to Enhance Capital Structure

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Deliveroo plc Class A ( (GB:ROO) ) has provided an announcement.

Deliveroo has repurchased 1,262,829 of its Ordinary Shares through Goldman Sachs International on various stock exchanges. This move is part of its ongoing share purchase program, with the intention of cancelling the acquired shares. Following this transaction, Deliveroo’s issued share capital consists of 1,623,808,602 Ordinary Shares, with 1,567,750,646 voting rights, excluding those held in treasury. This action could impact shareholder calculations under 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. It collaborates with approximately 182,000 restaurants, grocery, and retail partners, and employs around 140,000 riders to offer a premier food delivery experience globally. Based in London, Deliveroo operates in 10 markets including the UK, France, and Singapore.

YTD Price Performance: 11.36%

Average Trading Volume: 3,237,796

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.14B

See more insights into ROO stock on TipRanks’ Stock Analysis page.

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