Trustpilot Group Plc (GB:TRST) has released an update.
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Trustpilot Group plc has repurchased 5,718 of its own shares at a price of 266 pence each as part of its ongoing share buyback program announced in September. This move is part of a larger strategy that has seen the company buy back over four million shares for cancellation, costing approximately £9.43 million. The buyback aims to reduce the total number of outstanding shares, potentially increasing the value for remaining shareholders.
For further insights into GB:TRST stock, check out TipRanks’ Stock Analysis page.