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Deliveroo Executes Significant Share Repurchase

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Deliveroo Executes Significant Share Repurchase

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

Deliveroo has executed a purchase of 654,920 of its Ordinary Shares through Goldman Sachs International on the London Stock Exchange and other platforms. This acquisition is part of an ongoing share purchase programme and the acquired shares are intended to be cancelled. The transaction affects the company’s share capital and voting rights, providing strategic financial positioning and potential influence on shareholder decisions.

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 retail partners, along with around 135,000 riders, to provide on-demand delivery services globally. Headquartered in London, Deliveroo operates across ten markets, including the UK, France, and Singapore.

YTD Price Performance: -1.97%

Average Trading Volume: 4,520,974

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.06B

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

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