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Trustpilot Executes Share Buyback, Cancels 50,000 Shares

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Trustpilot Executes Share Buyback, Cancels 50,000 Shares

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Trustpilot Group Plc ( (GB:TRST) ) has provided an announcement.

Trustpilot Group Plc has repurchased 50,000 of its ordinary shares, as part of a share buyback program announced in September 2024. This move is part of a larger initiative where the company has cumulatively purchased over 6.8 million shares for cancellation, aiming to consolidate its share capital and potentially enhance shareholder value.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the consumer reviews industry, providing an open platform where consumers can share their experiences of businesses. Its primary service is facilitating reviews and feedback, which helps businesses improve their customer service and build trust with consumers. Trustpilot is focused on enhancing transparency and accountability in the market.

YTD Price Performance: 10.42%

Average Trading Volume: 1,908,893

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.4B

Find detailed analytics on TRST stock on TipRanks’ Stock Analysis page.

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