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Deliveroo Executes Share Buyback to Adjust Capital Structure

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Deliveroo Executes Share Buyback to Adjust Capital Structure

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

Deliveroo has repurchased 906,443 of its own ordinary shares through Goldman Sachs International on the London Stock Exchange and other platforms, as part of its ongoing share purchase programme. The repurchased shares are intended to be cancelled, impacting the company’s issued share capital and voting rights, which may affect shareholder calculations under FCA 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 partners with approximately 186,000 restaurants, grocers, and retail partners, along with around 135,000 riders, to provide on-demand delivery services globally. Headquartered in London, Deliveroo operates across 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, United Arab Emirates, and the United Kingdom.

YTD Price Performance: -13.67%

Average Trading Volume: 4,223,092

Technical Sentiment Signal: Buy

Current Market Cap: £1.79B

See more insights into ROO stock on TipRanks’ Stock Analysis page.

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