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Deliveroo Executes Share Buyback as Part of Ongoing Programme

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Deliveroo Executes Share Buyback as Part of Ongoing Programme

Deliveroo plc Class A ( (GB:ROO) ) has shared an update.

Deliveroo has announced the repurchase of 1,518,739 of its own ordinary shares through Goldman Sachs International on various stock exchanges. This move is part of the company’s ongoing share purchase programme, with the intention to cancel the repurchased shares. This transaction affects the company’s issued share capital, now totaling 1,566,668,921 ordinary shares, and adjusts the voting rights to 1,520,046,484 shares, excluding those held in treasury. The repurchase is likely to impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 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: -13.74%

Average Trading Volume: 5,212,249

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.78B

See more data about ROO stock on TipRanks’ Stock Analysis page.

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