Deliveroo Executes Share Buyback as Part of Ongoing Program

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Deliveroo Executes Share Buyback as Part of Ongoing Program

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

Deliveroo has executed a purchase of 1,188,230 of its own ordinary shares through Goldman Sachs International on various trading platforms. This move is part of its ongoing share purchase program, with the intention to cancel the acquired shares, impacting the company’s share capital and voting rights.

More about Deliveroo plc Class A

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. The company collaborates with approximately 186,000 restaurants, grocers, and retail partners, along with around 135,000 riders, to provide on-demand delivery services globally. Headquartered in London, Deliveroo operates in 10 markets including the UK, France, and Singapore.

YTD Price Performance: -13.46%

Average Trading Volume: 4,191,463

Technical Sentiment Signal: Buy

Current Market Cap: £1.8B

For an in-depth examination of ROO stock, go to TipRanks’ Stock Analysis page.

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