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Just Eat Takeaway.com Slashes Share Capital

Just Eat Takeaway.com Slashes Share Capital

Just Eat Takeaway.com N.V. (GB:JET) has released an update.

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Just Eat Takeaway.com N.V., a global online food delivery giant, has announced the cancellation of 5% of its issued share capital, amounting to nearly 11 million shares, to boost future earnings per share. This move follows the company’s recent share buyback programs and results in a new total of approximately 209 million outstanding shares. The company will continue to hold over 5.7 million shares in treasury after the cancellation.

For further insights into GB:JET stock, check out TipRanks’ Stock Analysis page.

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