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Deliveroo Executes Share Buy-Back Plan

Deliveroo Executes Share Buy-Back Plan

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

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Deliveroo plc has acquired 318,878 of its own Ordinary Shares at prices ranging between £1.5680 and £1.6030, with the average price at £1.5848, as part of its share repurchase program announced earlier. The shares were bought via Goldman Sachs International on various trading platforms, including the London Stock Exchange, with the intent of cancelling them to reduce the total number of shares in circulation. This buy-back activity follows the company’s plan disclosed on 9 August 2024 and affects the total voting rights, excluding treasury-held shares.

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

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