tiprankstipranks
Deliveroo Reduces Share Count with Buyback Program
Company Announcements

Deliveroo Reduces Share Count with Buyback Program

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

Don't Miss our Black Friday Offers:

Deliveroo has repurchased 942,908 of its own shares on the London Stock Exchange as part of a share buyback program, with the intention of cancelling the shares. This move aims to reduce the overall number of shares in circulation, potentially increasing the value of remaining shares. The transaction adjusts Deliveroo’s total voting rights to 1,595,395,787 ordinary shares.

For further insights into GB:ROO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskDeliveroo’s Ownership Shake-Up: Morgan Stanley’s Increased Stake
TipRanks UK Auto-Generated NewsdeskDeliveroo Buys Back Shares to Boost Capital Structure
TipRanks UK Auto-Generated NewsdeskDeliveroo Enhances Shareholder Value with Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App