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Deliveroo halts buyback as DoorDash cooks up a deal

Paisley Daily Express

|

April 29, 2025

DELIVEROO has halted its £100 million share buyback programme in light of a takeover proposal from its US rival, DoorDash.

- AMBER MURRAY

Deliveroo halts buyback as DoorDash cooks up a deal

The takeaway delivery giant had announced the programme, which would have increased shareholder returns to £550m since 2023, in its full-year results in March.

However, Deliveroo noted that it may resume the programme at a later date.

On Friday, the company confirmed that it had received a takeover offer from DoorDash earlier in the month, marking the US giant's latest acquisition move since its £5.2 billion purchase of Finnish delivery firm Wolt in 2021.

Deliveroo's share price surged over 15% in early trading yesterday following the announcement late on Friday.

FLERE HISTORIER FRA Paisley Daily Express

Paisley Daily Express

Paisley Daily Express

Max says Norris will feel pressure

FORMULA ONE Max Verstappen has told Lando Norris that if he was driving his McLaren the world championship would \"easily\" be over.

time to read

1 mins

November 29, 2025

Paisley Daily Express

Chiefs could face 'stark choices' over care cuts

Vulnerable residents in East Renfrewshire could face significant cuts to their care, as health chiefs warn of stark choices ahead due to a \"perfect storm\".

time to read

2 mins

November 29, 2025

Paisley Daily Express

THIS MAN DISCOVERED JESUS

Tomorrow is the first Sunday in Advent as we start our happy journey towards Christmas.

time to read

3 mins

November 29, 2025

Paisley Daily Express

Rapist will serve four years for sex attack on woman

CONNOR GORDON A murderer who raped a woman in a laundry room has had his prison term extended by four years.

time to read

1 mins

November 29, 2025

Paisley Daily Express

Paisley Daily Express

England are facing a pink-ball ‘lottery’

ENGLAND'S hopes of levelling the Ashes scoreline are at the mercy of a pink-ball “lottery”, according to Stuart Broad.

time to read

2 mins

November 29, 2025

Paisley Daily Express

Accord Lottery jackpot

The lucky winner of the £500 accord jackpot prize in this week's Accord Lottery is ticket number 38169 from Paisley.

time to read

1 min

November 29, 2025

Paisley Daily Express

Paisley Daily Express

France will intercept small boats in Channel

FRANCE has agreed tactics to intercept small boats in the Channel, according to reports.

time to read

1 mins

November 29, 2025

Paisley Daily Express

Renfrewshire highly rated area to live in

People in Renfrewshire highly rate the area as a place to live, according to new research.

time to read

1 mins

November 29, 2025

Paisley Daily Express

Shamal: Lack of goals is one of Saints' problems

Shamal George has pointed to the lack of goals being one of St Mirren's main issues.

time to read

1 mins

November 29, 2025

Paisley Daily Express

Prostate cancer test verdict blow

MEN with a known genetic risk should be screened for prostate cancer every two years, but population-wide testing is not recommended because of the “harms” of overdiagnosis and overtreatment, a committee advising the Government has said.

time to read

2 mins

November 29, 2025

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