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Trustpilot Group Plc Continues Share Buyback Programme

Story Highlights
  • Trustpilot operates in the online review industry, enhancing consumer-business trust.
  • Trustpilot repurchased 50,000 shares for cancellation, part of a larger buyback strategy.
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Trustpilot Group Plc Continues Share Buyback Programme

The latest update is out from Trustpilot Group Plc ( (GB:TRST) ).

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. The company plans to cancel these shares, contributing to a total of 7,142,422 shares purchased since September 2024, reflecting its strategy to optimize capital structure 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 share and read reviews about various businesses. The company focuses on enhancing transparency and trust between consumers and businesses across different markets.

YTD Price Performance: -0.81%

Average Trading Volume: 1,895,317

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.26B

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

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