Deliveroo plc Class A (GB:ROO) has released an update.
Deliveroo plc has announced the repurchase of 952,836 of its own shares, which were acquired through Goldman Sachs International on various trading platforms including the London Stock Exchange. These shares, part of a buyback program revealed on 9 August 2024, are intended to be cancelled, affecting the company’s total number of voting rights. The buyback reflects Deliveroo’s strategic financial maneuvers and could be indicative of the company’s confidence in its value.
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