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Deliveroo Executes Share Buyback as Part of Ongoing Program

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Deliveroo Executes Share Buyback as Part of Ongoing Program

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

Deliveroo has executed a purchase of 1,332,607 of its own ordinary shares through Goldman Sachs International on various trading platforms. This transaction is part of a previously announced share purchase program, and the acquired shares are intended to be canceled, impacting the company’s share capital and voting rights structure.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. It collaborates with approximately 186,000 restaurants, grocers, and retail partners, alongside around 135,000 riders, to offer on-demand delivery services. Headquartered in London, Deliveroo operates in 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, United Arab Emirates, and the United Kingdom.

YTD Price Performance: -13.88%

Average Trading Volume: 4,008,218

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.78B

Find detailed analytics on ROO stock on TipRanks’ Stock Analysis page.

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