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Trustpilot Executes Share Buyback as Part of Capital Optimization Strategy
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Trustpilot Executes Share Buyback as Part of Capital Optimization Strategy

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

Trustpilot Group Plc has executed a share buyback, purchasing 50,000 ordinary shares at a volume-weighted average price of 295.41 GBp on the London Stock Exchange. The company plans to cancel these shares as part of a broader buyback program initiated in September 2024, which aims to optimize capital structure and improve shareholder value.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online reviews industry, providing a platform for consumers to share and read reviews of businesses. The company’s primary service is facilitating consumer feedback, which helps businesses enhance their market reputation and consumer trust.

YTD Price Performance: 98.32%

Average Trading Volume: 1,959,221

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.22B

See more insights into TRST stock on TipRanks’ Stock Analysis page.

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