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Trustpilot Executes Share Buyback to Enhance Capital Structure
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Trustpilot Executes Share Buyback to Enhance Capital Structure

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  • Trustpilot operates in the online review industry, enhancing trust between businesses and consumers.
  • Trustpilot bought back 50,000 shares to optimize capital structure and potentially enhance shareholder returns.
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Trustpilot Group Plc ( (GB:TRST) ) has shared an update.

Trustpilot Group Plc has executed a share buyback transaction, purchasing 50,000 ordinary shares at an average price of 304.47 GBp per share, as part of a buyback program initiated in September 2024. This move, resulting in the cancellation of 5,283,495 shares since the program’s start, aims to optimize the company’s capital structure, potentially impacting stock value and shareholder returns.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online review industry, providing a platform for businesses and consumers to share and read reviews about products and services. The company focuses on enhancing trust between businesses and consumers through transparency and feedback.

YTD Price Performance: 105.05%

Average Trading Volume: 1,895,899

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.26B

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

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