Deliveroo plc Class A ( (GB:ROO) ) has issued an announcement.
Deliveroo has announced the purchase of 819,562 of its own ordinary shares through Goldman Sachs International on various stock exchanges. This transaction is part of Deliveroo’s ongoing share purchase program, initially announced in August 2024. The purchased shares are intended to be canceled, affecting the company’s issued share capital and voting rights. This move is likely aimed at consolidating the company’s capital structure and potentially enhancing shareholder value.
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, and employs around 135,000 riders to provide on-demand delivery services globally. 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: -8.88%
Average Trading Volume: 4,244,117
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.8B
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