Deliveroo plc Class A (GB:ROO) has released an update.
Deliveroo plc has recently bought back 993,806 of its own Ordinary Shares at prices ranging between £1.4370 and £1.4630 per share, with the intention of cancelling them. The transaction is part of a share purchase programme announced earlier and has slightly reduced the company’s issued share capital and voting rights. The move is part of Deliveroo’s strategy to manage its share capital effectively.
For further insights into GB:ROO stock, check out TipRanks’ Stock Analysis page.
