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Trustpilot Executes Share Buyback to Enhance Shareholder Value
Company Announcements

Trustpilot Executes Share Buyback to Enhance Shareholder Value

Story Highlights
  • Trustpilot operates in the online review industry, focusing on consumer-business transparency.
  • Trustpilot repurchased 50,000 shares for cancellation to enhance shareholder value.
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Trustpilot Group Plc ( (GB:TRST) ) has shared an update.

Trustpilot Group Plc has executed a transaction to buy back 50,000 of its ordinary shares on the London Stock Exchange as part of its previously announced share buyback programme. This move, intended to cancel the repurchased shares, reflects the company’s ongoing strategy to manage its share capital 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 review and rate businesses. The company focuses on enhancing trust and transparency between consumers and businesses worldwide.

YTD Price Performance: 10.26%

Average Trading Volume: 1,850,350

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.37B

See more data about TRST stock on TipRanks’ Stock Analysis page.

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