Trustpilot Group Plc ( (GB:TRST) ) has issued an announcement.
Trustpilot Group Plc announced the repurchase of 50,000 of its ordinary shares as part of its ongoing share buyback program. The company intends to cancel these shares, contributing to a total of 2,323,144 shares repurchased since March 18, 2025, at a cost of approximately £5.43 million. This move is part of Trustpilot’s strategy to manage its 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 feedback on businesses and services. The company focuses on enhancing consumer trust and transparency in the marketplace through its review platform.
YTD Price Performance: -36.45%
Average Trading Volume: 2,165,017
Technical Sentiment Signal: Strong Buy
Current Market Cap: £768.6M
For a thorough assessment of TRST stock, go to TipRanks’ Stock Analysis page.