Deliveroo Strengthens Position with Share Buyback Initiative

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

Deliveroo has repurchased 567,654 of its own shares through Goldman Sachs International on various exchanges, as part of its share buyback program. The repurchased shares, which were acquired at an average price of £1.4857, are intended to be cancelled, affecting the company’s share capital and voting rights. This move is part of Deliveroo’s strategic efforts to manage its capital structure and enhance shareholder value.

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