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Deliveroo Executes Significant Share Buyback
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Deliveroo Executes Significant Share Buyback

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

Deliveroo has announced the purchase of 706,831 of its own ordinary shares through Goldman Sachs International on several stock exchange platforms. This move is part of Deliveroo’s share purchase programme, initially announced in August 2024, and the acquired shares are intended to be cancelled. This transaction adjusts the company’s issued share capital, impacting the total number of voting rights available to shareholders, and is part of the company’s strategy to manage share capital and enhance shareholder value.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. It partners with approximately 186,000 restaurants, grocers, and retailers, and utilizes around 135,000 riders to provide on-demand delivery services. 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: -1.97%

Average Trading Volume: 4,537,778

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.05B

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

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