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Trustpilot Advances Share Buyback Programme with Additional Repurchase

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Trustpilot Advances Share Buyback Programme with Additional Repurchase

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Trustpilot Group Plc ( (GB:TRST) ) just unveiled an update.

Trustpilot Group Plc announced the repurchase of 50,000 of its ordinary shares on the London Stock Exchange, as part of its ongoing share buyback programme initiated on 11 September 2024. This move aligns with their strategy to cancel these shares, contributing to a total of 6,711,946 shares repurchased since the start of the programme, impacting their market positioning by potentially increasing the value of remaining shares and signaling confidence in the company’s future prospects.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online review industry, offering a platform where consumers can share and read reviews about various businesses and services. The company’s primary focus is to enhance transparency and trust between businesses and consumers through authentic feedback.

YTD Price Performance: 11.89%

Average Trading Volume: 1,908,305

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.42B

For detailed information about TRST stock, go to TipRanks’ Stock Analysis page.

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