tiprankstipranks
Trending News
More News >

Deliveroo Executes Share Buyback Program

Story Highlights
Deliveroo Executes Share Buyback Program

An announcement from Deliveroo plc Class A ( (GB:ROO) ) is now available.

Deliveroo has repurchased 1,567,870 of its ordinary shares through Goldman Sachs International on the London Stock Exchange and other platforms, as part of its share purchase program announced in August 2024. This transaction, which will result in the cancellation of the repurchased shares, impacts the company’s issued share capital and voting rights, potentially affecting 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, alongside around 135,000 riders, to offer an exceptional on-demand delivery experience 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: -13.53%

Average Trading Volume: 4,128,079

Technical Sentiment Signal: Buy

Current Market Cap: £1.8B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App