Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Deliveroo plc Class A ( (GB:ROO) ) just unveiled an update.
Deliveroo has repurchased 975,171 of its ordinary shares through Goldman Sachs International as part of its share purchase programme, initially announced in August 2024. The shares, bought at a volume-weighted average price of £1.3082 per share, are set to be cancelled, impacting the company’s capital structure by reducing the number of shares available in the market. This move can alter the company’s market positioning by adjusting the supply of shares, potentially influencing share value and shareholder voting rights.
More about Deliveroo plc Class A
Deliveroo is a leading delivery service established in 2013 by William Shu and Greg Orlowski. The company partners with approximately 186,000 restaurants, grocers, and retail providers, utilizing around 135,000 riders to deliver on-demand services globally. Headquartered in London, Deliveroo operates in 10 markets including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, the United Arab Emirates, and the United Kingdom.
YTD Price Performance: -7.47%
Average Trading Volume: 4,613,030
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.95B
See more data about ROO stock on TipRanks’ Stock Analysis page.
