tiprankstipranks
Deliveroo Boosts Shareholder Value with Strategic Buyback
Company Announcements

Deliveroo Boosts Shareholder Value with Strategic Buyback

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

Don't Miss our Black Friday Offers:

Deliveroo has executed a buyback of 952,380 ordinary shares on the London Stock Exchange as part of its ongoing share purchase program, with intentions to cancel these shares. This move aims to adjust the company’s share capital, which now stands at over 1.6 billion ordinary shares, enhancing shareholder value and market confidence.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskDeliveroo Enhances Capital Strategy with Share Buyback
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
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