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Deliveroo Executes Share Buyback as Part of Equity Management Strategy

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Deliveroo Executes Share Buyback as Part of Equity Management Strategy

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The latest announcement is out from Deliveroo plc Class A ( (GB:ROO) ).

Deliveroo has executed a purchase of 903,057 of its ordinary shares as part of its ongoing share purchase programme, with the shares intended for cancellation. This transaction affects the company’s share capital and voting rights, indicating a strategic move to manage equity structure and shareholder value.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013, working with approximately 186,000 restaurants, grocers, and retail partners. It operates in 10 markets, including the UK, and is headquartered in London.

YTD Price Performance: -4.44%

Average Trading Volume: 4,640,345

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.97B

For detailed information about ROO stock, go to TipRanks’ Stock Analysis page.

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