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Deliveroo Executes Share Buyback Programme

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Deliveroo Executes Share Buyback Programme

Deliveroo plc Class A ( (GB:ROO) ) has provided an announcement.

Deliveroo has repurchased 694,913 of its own ordinary shares as part of its share purchase programme, with plans to cancel these shares. This transaction, executed through Goldman Sachs International, affects the company’s share capital and voting rights, potentially impacting shareholder interests and market perceptions.

More about Deliveroo plc Class A

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

YTD Price Performance: -12.97%

Average Trading Volume: 4,091,621

Technical Sentiment Signal: Buy

Current Market Cap: £1.8B

For detailed information about ROO stock, go to TipRanks’ Stock Analysis page.

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