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Deliveroo Expands Share Purchase with Latest Acquisition

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Deliveroo Expands Share Purchase with Latest Acquisition

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Deliveroo plc Class A ( (GB:ROO) ) just unveiled an announcement.

Deliveroo announced the purchase of 673,874 of its Ordinary Shares through Goldman Sachs International on the London Stock Exchange. This transaction is part of Deliveroo’s share purchase programme, with the intention of canceling the acquired shares. Following this transaction, the company’s issued share capital stands at over 1.5 billion shares, affecting the calculation of voting rights for shareholders.

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, alongside about 135,000 riders, to provide on-demand delivery experiences. Headquartered in London, Deliveroo operates in 10 markets, including the UK, France, and the UAE.

YTD Price Performance: -7.47%

Average Trading Volume: 4,613,030

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.95B

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

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