tiprankstipranks

Trustpilot Advances Share Buyback Program with Recent Purchase

Story Highlights

The latest update is out from Trustpilot Group Plc ( (GB:TRST) ).

Trustpilot Group Plc has announced the repurchase of 50,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program initiated in September 2024. This move, which involves the cancellation of purchased shares, reflects Trustpilot’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online review industry, providing a platform for consumers to share reviews and feedback on various businesses and services. The company focuses on enhancing transparency and consumer trust in the marketplace.

YTD Price Performance: -3.91%

Average Trading Volume: 1,876,196

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.21B

For a thorough assessment of TRST stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App